The crypto market is in the red this morning, after ending last week on a high note. Ripple (available on Binance) (XRP) passed ETH for a few hours on Friday during its bull run, which in turn boosted the entire market. Stellar (XLM) and Litecoin (available on Coinbase) (LTC) saw monumental gains, but now, the crypto market is red across the board.

Let’s take a closer look at these three cryptocurrencies and their latest movements.

Ripple (available on Binance) (XRP)

Ripple (available on Binance) Labs has had some big news lately, which has boosted the price of XRP. Ripple (available on Binance) and XRP are often confused with one another and seen as the same. This is not the case at all. Ripple (available on Binance) is a technology company that has created Ripple (available on Binance)’s tech. XRP is a cryptocurrency, independent of the company, that is used on Ripple (available on Binance)’s platforms. Ripple (available on Binance) owns a majority of XRP though.

Back on the 18th of September, an executive at Ripple (available on Binance) spoke to CNBC and told them xRapid, Ripple (available on Binance)’s XRP cross-border payment platform would be launching soon, and good news would be released shortly. XRP saw gains above 20% that day.

That news continued to push XRP up, and this week the coin saw a spike of over 180%. Now, the cryptocurrency has corrected and is in the red this morning. At press time, XRP is trading at $0.523 a coin, down -7.17% in 24 hours.