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XRP has risen more than 10% in the past 24 hours, beating Bitcoin and Ether as the top-performing crypto major. XRP trading volume surged to $2 billion on Monday, CoinGecko data shows. At press time, XRP traded at 69 cents and replaced BNB as the fourth-largest token by market capitalization. It seems that XRP’s surge was a reaction to two positive developments for payments firm Ripple from last week as the company won key approvals to operate and offer services in Georgia and Dubai. Ripple has historically maintained a distance from XRP, the token that powers some of its products and the XRP Ledger network. But any progress in Ripple’s court cases, or licenses, clearly impacts XRP prices as traders consider the two related.
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