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Ripple is by far the most popular unit in the UK

by Margharet Tess
October 17, 2021
in Cryptheory News
Reading Time: 2 mins read

 

Project Ripple
Source: Shutterstock, radhikarana

XRP project from Ripple In addition to the unrelenting case against the SEC, it enjoys immense popularity in UK, where it is perceived as a most popular unit between cryptocurrencies. Cardano is holding on tightly behind it.

XRP is a most popular unit in the UK

The portal Finance Magnates reported the huge popularity of the XRP token in the United Kingdom. Retail investors are investing huge sums in this project, with the only project that sticks to this wave is Cardano. Data first shared by the world stock exchange eToro, state that the third quarter is clearly marked by XRP. The sixth largest cryptocurrency it easily beats the competition.

Investments in this project increased by 4%. This is a much higher year-on-year, up to 105%.

Promising ecosystem, which has recently been pumping new projects and collaborations is holding on tightly behind XRP. This is the Cardano network. Its popularity has grown by 11% in the last three months. The ADA also managed to overtake ETH. This is a huge year-on-year increase 1,230%.

Ripple will develop CBDC

Ripple has entered into a significant partnership with the Digital Pound Foundation and will be involved in the development British digital pound. According to the head of the political department Ripple, the cooperation will bring huge benefits in the development of the global financial system.

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Margharet Tess
Margharet Tess
Editor, Developer at Cryptheory Labs
I have been active in the cryptocurrency world for over 6 years, during which I have written countless articles about this sector. What fascinates me most about cryptocurrencies is their technological aspect and the problems they aim to solve. In the past three years, I have ventured into app development and am currently working on a larger project called P2E Buzzer. Stay tuned for the surprise. 🙂 My previous experiences: Business2Community.com, TradingPlatforms.com
Margharet Tess
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Tags: CardanoRippleunited kingdom
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