The San Francisco blockchain company XRP surpassed the $40 billion market cap on August 11 when its price reached a high of $0.90 for the first time since June 15, 2021.
On Wednesday, XRP, the world’s sixth-largest cryptocurrency, saw massive retail demand after Global Money Express (GME Remittance) announced that it had joined RippleNet, the global financial network of blockchain firm Ripple.
Currently, XRP is changing hands at $0.8975; the digital asset is up 10.32% in the last 24 hours and 27.10% in the last week.
