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Ripple Price Analysis – Ripple continues to collect banking partnerships

Ripple (XRP) has recovered 70% since the lows in mid April. The market cap now stands US$81.6 billion, with US$624 million in trading volume over the past 24 hours.In Ripple’s Q1 2018 report, it was revealed that the money service business, XRP II LLC,…

Ripple (XRP) has recovered 70% since the lows in mid April. The market cap now stands US$81.6 billion, with US$624 million in trading volume over the past 24 hours.In Ripple’s Q1 2018 report, it was revealed that the money service business, XRP II LLC, sold US$16.6 million of XRP to market participants. The company also sold US$151.1 million worth of XRP “programmatically” which represented 0.095% of the US$160.0 billion globally traded in Q1.