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Breaking News / Cryptocoins / Exchanges / Ripple

Mass xRapid Rollout Could Be Inspired By XRP Exchange Liquidity Surge

In recent months, XRPs availability has increased massively.

A new breakdown by the XRP Community Blog goes into the amount of virtual outlets where XRP can now be purchased has jumped in over 300% in under a year. The author goes by the name of Hodor and says:

“Less than one year ago, I inventoried all of the known worldwide exchanges that carried XRP and arrived at approximately 29 exchanges. And recently, I again took inventory of the number of XRP exchanges and entry points, and the number was 105 and growing quickly.

This represents more than a 300% increase in the number of liquidity endpoints in less than a year, with some of the new entrants representing milestones in Ripple’s overall xRapid roll-out strategy.”

Using CoinMarketCap, Live Coin Watch and CoinGecko, the analysis was able to be made by Hodor.

The quick rise is also a good sign for all digital currencies. This massive surge in the number of options means investors of crypto shouldn’t have to wait any longer at exchanges (months at a time) for a possibility of new sign-ups.

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Adrian has been leading teams in the finance sector for over a decade. He is highly experienced, and is responsible for ensuring that the latest news is delivered to you as it is breaking. He has a keen interest in virtual currencies, and has even made investments himself, so is incredibly passionate when it comes to writing about this topic. He knows the news pieces that are interesting to the reader, so will ensure that he keeps you up to date on all of the relevant news in the cryptocurrency world.