Altcoin Ripple, which has seen an explosive amount of growth over the past week, has overtaken Ethereum to be ranked number two by total market capitalization on CoinMarketCap.
As of press time, Ripple has a listed market cap of around $26 billion, while Ethereum - now in third on CoinMarketCap - has around $23 billion in market cap.
Bitcoin is still ranked number one, with a market cap of around $115 billion.
Ripple has seen unprecedented 140 percent growth on the week, up almost 80 percent on the day alone, to trade at around $0.65 by press time.
At the beginning of this week, Ripple executives hinted that its xRapid payment platform solution could soon be launched.
PNC, a top ten U.S. bank, announced that it would use RippleNet to process international payments for its customers.
Over a 24 hour period, total market capitalization of the crypto markets has gained around $26 billion dollars, with total market cap currently around $228 billion by press time.
Ripple Passes Ethereum to Claim Number Two Ranking on CoinMarketCap
Published on Sep 21, 2018
by Cointele | Published on Coinage
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