Verge, the 54th largest cryptocurrency by market cap, has recently partnered with XcelLab, which gives the travellers using XcelTrip platform access to the digital currency.
The partnership was announced formally by XcelLab on 11th June 2019, and this is expected to enhance the Verge (XVG) global adoption and the growth of its market price due to the exposure it will garner from the partnership.
Verge (XVG), is a cryptocurrency that strives to satisfy the needs of individuals and businesses around the world, in terms of efficient, decentralised and fast means of effecting transactions with trustworthy security and privacy.
Verge has been pressing for mass adoption and effective daily use. This recent collaboration is a notable means for expansion, which would elaborate its chances of challenging top digital assets in the market.
This partnership is also an added advantage to XcelTrip. Its aim of disrupting the trillion-dollar travel industry is a big dream, which could be achieved by applying the right tools.
XcelTrip plans to bridge the gap between travellers and travel service providers, by giving the latter direct access and connectivity to its customers and potential suitors.
XcelTrip also gives room for a viable and decentralised travel ecosystem. It is a platform that offers its customers around the world means to check-in at over 800,000 hotels.
Through the platform, travellers can also book travel tickets with over 400 airlines, using cryptocurrency. This is also a means to fast-track the mainstream adoption of digital currency utilities, especially the ones that have been exposed to day to day transactions, such as Verge (XVG).
Verge (XVG) is Progressing in the Market
Verge (XVG) has consistently maintained its transparency with its community, through its incessant updates once there is a viable development.
The digital asset started trading on 16th February, 2016. Since its emergence about 3 years ago, XVG has been improving its usability and global reach.
A couple of weeks ago, Verge network announced that it is adding new languages and enhancing its operational security.
Verge (XVG) was occupying 57th position in terms of market capitalisation in the second week of May 2019, but the digital currency now occupies 54th position, which connotes its constant improvement.
Its aforementioned partnership with XcelLab is another opportunity to widen its reach among travellers around the world. It could as well aid the growth of its market price. At the time of filing this report, Verge (XVG) is trading at $0.009, with 1.69% price surge in the last 24 hours.
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.