The crypto price-rally looks to be continuing today. Ripple (XRP), EOS, and Cardano (ADA) are among the tokens continuing to grow – but is anything, in particular, happening to these coins? Let’s dig in to find out.
Ripple (XRP)
Ripple[1] is currently selling for $0.668039, which puts the coin up 19.80% in the past 24 hours.
Source: CoinMarketCap[2]The main push that may be causing this Ripple price rally is that the Spanish banking giant Banco Santander recently launched One Pay FX. One Pay FX is an international payments app that uses Ripple’s blockchain technology, specifically on the company’s xCurrent product.
However, xCurrent has nothing to do with Ripple’s XRP. So either people are mistakenly believing that anything Ripple-related in the news will impact XRP, or, they’re hoping it will.
In either case, Ripple is up for the day. Will it continue to grow?
>> Ripple (XRP) Invests $25 Million in Blockchain-Related Fund[3]
EOS
EOS[4] is currently selling for $8.99, which puts the coin up 2.71% in the past 24 hours.
Source: CoinMarketCap[5]EOS managed to reach as high as $9.27 today, but the coin looks to be dropping off a bit. As well, yesterday EOS bumped Litecoin (LTC) in the rankings, getting listed on CoinMarketCap as the 5th largest cryptocurrency. Today, however, EOS has moved back down into spot number six. EOS’s current market cap is $7.1 billion (while Litecoin’s is $7.3 billion).
In the past seven days, EOS has grown by 54%. EOS has, for the most part, been going strong with the release of the EOSIO Dawn 3.0[6]. Now, EOS fans are eagerly awaiting the release