Ripple is now the world’s second-most valuable cryptocurrency.
It had already overtaken ethereum briefly yesterday before the latter usurped its previous position. This time around, Ripple – which also doubles up as a payment network – has built a substantially higher valuation. (See also: How Do I Buy XRP (RIpple)?)
At 13:46 UTC, it was trading at $2.20 per coin, up 22% from its price 24 hours ago, and had a valuation of $85.2 billion. A single ethereum could be purchased at $687.96 and the cryptocurrency was worth $66.2 billion in the markets. (See also: Ripple Briefly Topped Bitcoin Cash To Be Third Largest Cryptocurrency.)
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