XRP – the native token of Ripple – has been one of crypto’s best performers ever since the enterprise blockchain provider notched a landmark win in its legal battle against the US Securities and Exchange Commission .
According to Kaiko, XRP trades have recently comprised 21% of the total crypto trading volume, leaving BTC in second position with 20%.acted as a catalyst for the native coin of the organization, which has soared by over 55% in the past four days . At one point, XRP neared $1 and became the fourth-largest crypto by market cap, which currently stands at more than $38 billion.Recent analysis
by Kaiko showed that trades involving XRP represented 21% of the daily market share of the entire cryptocurrency trading volume. BTC ranked second with 20%, while ETH accounted for 8%.One reason behind this significant success could be the massive support coming from multiple cryptocurrency exchanges. As, Coinbase, Kraken, Crypto.com, and Bitstamp re-launched trading services with XRP hours after Ripple’s win.that XRP volume is “only” at a ten-month high.
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