The cryptocurrency market is mostly in the green today, as it’s currently nearing its month-long high. Today, we’re looking at three coins that continue to surge: Ripple (available on Binance)(XRP), Tron (available on Binance)(TRX), and VeChain.
Source: CoinMarketCap
All but five coins on the top 100 are seeing losses this morning, which is great news. There isn’t any major breaking news in the cryptocurrency space today, which is not necessarily a bad thing.
Ripple (available on Binance) (XRP)
Source: CoinMarketCap
As you can see, XRP has been on a bit of a bull run this past week. A week ago, Santander announced their launch of Santander One Pay FX. This is the first app that uses Ripple (available on Binance) technology for global payments.
Congrats @bancosantander for launching Santander One Pay FX, the first mobile app which uses @Ripple (available on Binance) #xCurrent for global payments! https://t.co/1TyIUxdDY3
— Marcus Treacher (@marcus_treacher) April 12, 2018
Since then, XRP has been on a steady incline. As more and more businesses adopt Ripple (available on Binance)’s cross-border blockchain technology, the more valuable XRP becomes. It seems major banks around the globe have been taking notice and getting on board with Ripple (available on Binance) and Stellar’s tech – I feel this is just the beginning.
At press time, XRP is trading at $0.734 a coin, up 7.74%, in 24 hours.
Tron (available on Binance) (TRX)
A few days ago, the Tron (available on Binance) Foundation announced the details of their programming contest. The contest’s total prize pool is $1 million worth of TRX, and they’ve started taking applications already. The Tron (available on Binance) main net is exactly six weeks away, and it’s full steam ahead for the team.
If you’ve considered adding TRX to your portfolio, now’s the time but this is definitely a long hold, as the team’s full project is years from completion.
Stay tuned for my interview with Justin Sun tomorrow. At press time, TRX is trading at $0.0498 a coin, up 9.86%, in 24 hours.