The platform is an open-source platform that was created to allow quick and cheap transactions.
XRP outpaced Tether to become the third most valuable crypto asset in dollar terms.
Since July 18, the number of wallets holding 1 million to 10 million XRP has been steadily increasing.
This incredible feat shows global investors and traders are rushing into digital coins.
XRP had been struggling after the COVID-19 market sell-offs that occurred in March.
Ripple (XRP) plays dual roles as a payment platform and a currency.
Ripple (XRP), the third most widely used crypto-asset behind bitcoin and Ethereum, has gotten the attention of the world’s biggest economy for money remittance