October 28, 2020

Over 50% of crypto transactions in the last 24 hours were conducted in XRP

Over 50% of crypto transactions in the last 24 hours were conducted in XRP

Over the past 24 hours, XRP transactions accounted for more than 50% of all cryptocurrency transfers. Second place Ethereum, and the third is Bitcoin.

On October 29, 1.6 million XRP cryptocurrency transactions were conducted. It is worth noting that a week earlier this figure averaged 730000 transactions per day.

At the moment, the reason for the sharp increasethe number of transfers is unknown, but many community members suggest that Moneygram is exploring ways to use XRP as part of a recent partnership with Ripple.

Recall that the previous record of 1.7 million daily transactions was set by the XRP asset during the famous bull race in December 2017.

As previously reported, Bank of America, the second largest US bank, announced its intention to use Ripple's blockchain solutions and confirmed the launch of a joint pilot project.

According to the materials cointelegraph.com