XRP price saw a 55% breakout over the past two days as the sixth-ranked cryptocurrency by market cap has renewed its focus on the creation of a cross-border payment network that is inclusive and sustainable.
Data from Cointelegraph Markets and TradingView shows that XRP dropped to a low of $0.566 in the early hours on April 4 before a wave of trading volume helped lift its price to a high of $0.877 within the last few hours.
XRP/USDT 4-hour chart. Source: TradingView
The uptick in trading volume was sparked after Ripple posted a blog entitled “Creating a More Financially Inclusive and Sustainable Future” which discussed how the project has partnered with “mission-driven financial technology companie, leading universities, NGOs, foundations and social entrepreneurs to create greater economic fairness and opportunity for all.”
A second wave of buying took place on April 5 after Ripple posted the following announcement detailing its most recent acquisition designed to enhance its cross-border payment capabilities:
#ICYMI – We’ve announced