On Friday August 17th, Ripple (XRP) soared up by %16 from $0.29065 to $0.32853. At the moment, XRP holds $13 billion of the crypto market cap.
This coincides with one the Ripple's announcement concerning their plans to strengthen xRapid, which is a cross-boarder banking initiative. This announcement might have triggered a positive buying among speculators that resulted in the %16 increase; if not for serious investors.
Other cryptos such as Litecoin, Bitcoin cash, and Cardano have also displayed surges in price in the past 24-hours. There's high hopes there'll be a potential correction soon.
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