Ripple Transfer XRP Worth Billions, Investors' Interest In XRP Remains On A High

Ripple trading is currently worth billions of dollars. The reason is that the popularity of the cryptocurrency Ripple has increased in recent months. This he is due to two factors. The first is low transaction costs and the second is the popularity of the platform.

Ripple cryptocurrency has already become a popular way to send money cheaply around the world. Digital tokens can be used for worldwide payments from one country to another, or from one bank account to another. Since its creation in 2012, the Ripple digital currency has grown exponentially in terms of usage and value.

The number of transactions on the Ripple network has increased significantly over time. According to CoinMarketCap, in January 2019 he averaged over 100 million transactions per day. By February 2019, that number had grown to more than 200 million he calls per day. There are now more than 300 million transactions on the network every day, averaging $1 billion per day.

To put this into perspective, if someone wanted to transfer his $1 billion over the Bitcoin network today, they would have to wait almost six hours before being able to do so at current transaction rates.