XRP Surges Past $3.9 Billion in Volume as Ripple Prepares Upgrade
Ripple's trading volume surged past $3.9 billion in 24 hours, and asset managers are preparing for the XRP Ledger's next major payments upgrade, called Batch V1.1.
This upgrade allows multiple transactions to settle together or fail together, opening doors to institutional use cases like delivery-versus-payment, which reduces counterparty risk.
XRP is currently trading at $1.3823, down 1.96% today. Despite the surge in volume and the upcoming upgrade, its price has not yet reflected this bullish news.