XRP, the cryptocurrency of the Ripple network, has experienced significant price growth in recent weeks, registering an increase of 14% in the last week alone. This marks an appreciation of over 40% for the asset in the last 30 days, positioning it as the cryptocurrency that has seen the highest increase in price across the entire market in the last seven days.
According to the CoinMarketCap, XRP rose from $0.44 to $0.54 during this period, partly driven by increased trading on South Korean cryptocurrency exchanges, particularly Korbit and Bithumb, where XRP was the most traded crypto asset on the platforms in the last 24 hours. This positive trend has been linked to increased confidence from investors amid the backdrop of the current lawsuit with the SEC.
Related Reading: XRP Price Climbs 13% Following Settlement Rumors With SEC
