Advertisement
AD

Main navigation

Advertisement

XRP Liquidity Index Comes Close to 13 Mln – New All-Time High Achieved

Advertisement
Wed, 29/01/2020 - 17:14
XRP Liquidity Index Comes Close to 13 Mln – New All-Time High Achieved
Cover image via 123rf.com
Read U.TODAY on
Google News
Advertisement

The XRP liquidity index in Mexico and the Philippines has quickly surged again. On Bitso, the largest Mexican exchange, it has come real close to the 13-million mark, leaving the previous all-time high of 12,230,900 far behind.

Article image
Image via Twitter

XRP adoption increases

The new all-time high for the XRP Liquidity Index now totals 12,951,492. The new record on the Coins.ph exchange in the Philippines totals 2,441,561, having caught up with the current all-time high but not yet surpassing it.

Article image
Image via Twitter

Startup investor and XRP supporter Eric Dadoun comments on this XRP liquidity rise by saying that this is a daily use case for XRP outside of speculation and it certainly shows that adoption of the asset is gradually increasing.

Article image
Image via Twitter

XRP price expected to rise

While commenting on the XLM price, crypto analyst @CryptoMichNL stated that Stellar Lumens is likely to start off on the next rally soon, if Bitcoin keeps surging.

He adds that XRP should follow suit, along with ETH and ONT.

Article image
Image via Twitter

Related

Gargantuan amounts of XRP moved between exchanges

As recently reported by U.Today, after Brad Garlinghouse announced, during the World Economic Forum in Davos, Ripple’s plans to conduct an IPO at some point this year, XRP investors seem to have become more active.

The Whale Alert and XRPL Monitor accounts on Twitter have noticed giant amounts of XRP (in total) being moved between crypto exchanges and wallets with anonymous owners.

Recently, amounts of 93.5 mln and 23 mln XRP have been transferred.

A
A
A

Related articles

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
Advertisement

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD