Post Coinbase, Börse Stuttgart Announcement: Ripple XRP Heads towards $0.5, Sees 22% Upsurge

  • Ripple XRP’s recent exposure is fueling its recent surge in market price
  • Post Coinbase announcement of XRP trading for New York users has set it apart in cryptocurrency market
  • Börse Stuttgart recent listing of Ripple XRP is a blessing at the right time

Ripple XRP has been going in the league of other cryptocurrencies in the crypto market as all digital currencies lobby to stay on course in order not to be left behind.

Ripple XRP has been so outstanding in the last 24 hours, experiencing about 22% upsurge, topping other all other major cryptocurrencies in terms of price increase rate.

At press time, Ripple XRP is approximately $0.39, heading towards $0.5 as it continues to boost the hope of its faithful investors.

Since the beginning of this year, XRP has not experienced a distinct market price soar, which has kept its investors in anticipation for Bull Run, looking forward to the time their resolute commitments would pay off.

XRP enthusiasts are foreseeing a brighter future for their choice digital asset due to global exposure and trustworthy institutions that are accepting the functionality of XRP in for payment.

Also Read: Ripple’s XRP investors Exhibit their anticipations for Significant Bull Run of XRP’s Price

Coinbase Opens New York Customers to Trade Ripple XRP on its Exchange

Ripple XRP received a stunning open door which probably impacted its latest notable surge in market price, an increase expected to be steading without retracting.

Some hours ago, Coinbase, a US-based cryptocurrency exchange platform, passed a notice across via twitter to its New York based customers that trading Ripple’s XRP is now activated in the geographical region.

The excitement was not limited to the Ripple XRP customers residing in the New York, but also to its users globally.

Ripple XRP initially received Coinbase support in February 2019, but customers in the New York were restricted from trading the cryptocurrency. Now that the door to trade the digital asset has been opened, it makes XRP join about 5 crypto assets allowed on Coinbase exchange platform in New York.

The announcement has greatly boosted the growth of Ripple XRP in the cryptocurrency market as the digital currency steadily experience a notable surge in price minutes after the update.

Germany’s Respected Stock Exchange Listed Ripple’s XRP Exchange-traded Notes

The ninth biggest stock exchange in Europe and 2nd largest in Germany, Börse Stuttgart, also announced the listing of Ripple XRP and Litecoin (LTC) exchange-traded notes.

This listing is also a great addition to Ripple XRP portfolio, exposing the digital asset to much needed attention in Germany as it continues to push for mass adoption.

The Börse Stuttgart team shared that investors in Germany are now able to trade digital currencies related exchange-traded notes (ETNs) in Ripple XRP and Litecoin (LTC).

The Team shared thus “For the first time in Germany, investors can now buy and sell exchange-traded notes (ETNs) based on the cryptocurrencies Litecoin and Ripple (XRP)…”

XRP is expected to tremendously benefit from this listing on Börse Stuttgart in terms of liquidity, which will increase in transaction among investors and would also convince more suitors to invest in third largest cryptocurrency.

The positive effect of these outstanding developments is already reflecting on Ripple’s XRP market price, and it is expected to keep the growth consistent.

Ripple’s XRP investors would not want to see the downward trend in price of the digital asset as they thirst for it to surge in price one at a time without further hesitation.

Disclaimer: Our writers invest in cryptocurrencies and it is possible the author of this article has investment in any of the digital currencies discussed. Some times author's presented information may be laced with opinions. Treat articles as mere information and not as financial advice.

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About the author

Solomon Odunayo

Solomon Odunayo had dispensed his writing ability on growing Eagles News Media, covering News for relatively 2 years as a founder and editor.

He now works with NewsLogical.com as a full time cryptocurrency Journalist and Chief Editor due to the experience he garnered over time in the crypto sphere.

Email: solomon.odunayo@newslogical.com, editor@newslogical.com.

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