XRP
Why XRP is up 1.3% in the last hour
Analysis
XRP rose about 1.3% over the past hour as traders reacted to Ripple- and XRPL-related headlines that support near-term sentiment. U.Today reported that the XRP Ledger gained a $280 million market for tokenized diamonds with Ripple involved, which can be read as a positive signal for ecosystem adoption.
Contributing Factors (2)
33,895,428,762 XRP Left in Escrow After Ripple's February One-Billion Unlocking
33,895,428,762 XRP remain in escrow following February distribution.
XRP Ledger Gets $280 Million Market of Tokenized Diamonds, Ripple Involved Too
$280 million in certified diamonds just got tokenized on XRP Ledger as Ripple, Ctrl Alt and Billiton Diamond unite to turn physical gems into on-chain financial assets.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.