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The Ripple rate demonstrates strong growth against the background of positive news



On Thursday, September 20, the weighted average rate of the XRP token increased by 14.5%. The mood of investors could be affected by news about partnership with the American PNC bank and the forthcoming full-scale launch of the xRapid product.

TradingView data

It is worth noting that throughout September Ripple is accompanied by exceptionally positive news. So, the blocking consortium R3 withdrew lawsuits against the California company, saying that the parties reached an agreement, the terms of which are still kept secret.

We add that a few days ago the financial giant SBI Holdings announced the launch of the MoneyTap payment application based on Ripple technology.

Recall, at the beginning of the month the British TransferGo used the product Ripple for cross-border payments and communications with banking partners in India.

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