Ripple (XRP), a top five cryptocurrency with a whopping $46.2 billion market cap, is up 57.2% on Thursday, beating every major crypto coin out there and surpassing $1 for the first time, based on Coin Market Cap data.
"Asians are going mad for Ripple," says Alexey Ivanov, CEO and co-founder of Polynom Crypto Capital, a Moscow-based cryptocurrency and blockchain investment fund manager. "Ripple started the year worth about one cent and is now at a dollar because of banks in Japan and South Korea testing the use of Ripple's technology for flash-transactions," says Ivanov.
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