BIS Study Bolsters XRP Price as Ethereum Tests Range Boundaries
A recent study by the Bank for International Settlements (BIS) has sparked renewed interest in XRP, causing its price to rise. Following the BIS research, which tested the use of XRPL's verification layer, XRP jumped to $1.45.
XRP has since surged past the 1.39 dollar mark and is currently maintaining a support level around 1.35 dollars.
In other market news, Ethereum is pushing against the $2,500-$2,550 band range, while gold prices are showing signs of convergence with this target.