XRP asset, belonging to Ripple, surged by 20% to $0.83 after leading bank CAG Holdings expressed intent to utilize XRP technology. This sparked increased interest in cryptocurrency, and its price began to actively rise.
"We see a need for effective cross-border payments and convenient infrastructure for them. We are looking for key technologies, and XRP technology has great potential," said a representative of CAG Holdings.
Experts note that a partnership with a major organization of such level can significantly strengthen the position of cryptocurrency in the market and spur a new surge in price growth.
