XRP price demonstrated an over 13% rise as its price has surged to $1.22

The sixth-largest cryptocurrency has demonstrated a gain of more than 13% in the past 24 hours as its price surged to the $1.22 level. At the time of writing, the XRP price is changing hands at $1.202.


XRP/USD 4-hour chart | Source: TradingView

XRP price rises to over $1.2 overnight

After rallying to $1.20 on Saturday, XRP rebounded slightly, falling to $1.13. To date, however, the growth has continued, pushing the Ripple-linked cryptocurrency to $1.22.

At the time of writing, the market capitalization of XRP is $56,708,326,225. Its trading volume has increased by more than 171% in the past 24 hours to reach $6,406,686,806, or 5,287,934,792 XRP traded.

Some members of the XRP community have put this growth down due to recent developments in the SEC and Ripple lawsuit.

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