Bitcoin
Bitcoin (BTC)
$66,257.00 -0.60613
Bitcoin price
Ethereum
Ethereum (ETH)
$3,458.02 -0.11593
Ethereum price
BNB
BNB (BNB)
$587.32 1.19652
BNB price
Solana
Solana (SOL)
$176.08 -0.19605
Solana price
XRP
XRP (XRP)
$0.6043720 1.00007
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000173 0.00472
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000123 4.76364
Pepe price
Bonk
Bonk (BONK)
$0.0000286 0.71034
Bonk price
Bitcoin
Bitcoin (BTC)
$66,257.00 -0.60613
Bitcoin price
Ethereum
Ethereum (ETH)
$3,458.02 -0.11593
Ethereum price
BNB
BNB (BNB)
$587.32 1.19652
BNB price
Solana
Solana (SOL)
$176.08 -0.19605
Solana price
XRP
XRP (XRP)
$0.6043720 1.00007
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000173 0.00472
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000123 4.76364
Pepe price
Bonk
Bonk (BONK)
$0.0000286 0.71034
Bonk price
Bitcoin
Bitcoin (BTC)
$66,257.00 -0.60613
Bitcoin price
Ethereum
Ethereum (ETH)
$3,458.02 -0.11593
Ethereum price
BNB
BNB (BNB)
$587.32 1.19652
BNB price
Solana
Solana (SOL)
$176.08 -0.19605
Solana price
XRP
XRP (XRP)
$0.6043720 1.00007
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000173 0.00472
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000123 4.76364
Pepe price
Bonk
Bonk (BONK)
$0.0000286 0.71034
Bonk price
Bitcoin
Bitcoin (BTC)
$66,257.00 -0.60613
Bitcoin price
Ethereum
Ethereum (ETH)
$3,458.02 -0.11593
Ethereum price
BNB
BNB (BNB)
$587.32 1.19652
BNB price
Solana
Solana (SOL)
$176.08 -0.19605
Solana price
XRP
XRP (XRP)
$0.6043720 1.00007
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000173 0.00472
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000123 4.76364
Pepe price
Bonk
Bonk (BONK)
$0.0000286 0.71034
Bonk price

XRP price rises amid Liquidity Hub uncertainties

xrp-price-rises-amid-liquidity-hub-uncertainties
Edited by
News
XRP price rises amid Liquidity Hub uncertainties

Ripple (XRP) has been moving upwards for almost a month as the total crypto market cap surpassed the $1.2 trillion mark. However, XRP is still down from its local top of $0.575 on March 29.

XRP, the sixth-largest cryptocurrency, has increased by 0.41% in the past 24 hours. It is trading at around $0.518 at the time of writing.

XRP price rises amid Liquidity Hub uncertainties - 1
XRP price – April 18 | Source: crypto.news

While the asset’s price has been bullish, the Ripple community has questioned the firm’s decision to exclude XRP from the Liquidity Hub — a newly launched B2B product by Ripple Labs.

Moreover, according to an official announcement, Ripple launched the Liquidity Hub on April 13. Per the blog post, the company behind the sixth-largest crypto asset stated that its new product would support bitcoin (BTC), ethereum (ETH), ethereum classic (ETC), bitcoin cash (BCH), litecoin (LTC), USDC, USDT, and even the US dollar.

Per the announcement, Ripple did not add support for its own utility asset, XRP, at least for now. “We look forward to supporting XRP as it receives regulatory clarity in the US,” reads the blog post.

The chief legal officer at Ripple, Stuart Alderoty, said in a tweet that one of the significant reasons for excluding XRP from the Liquidity Hub is the asset’s limited liquidity in the US. “We’re keen to support XRP in LH when we can provide a good customer experience,” Alderoty added.