Ripple-linked XRP jumps over 15% to $1.15, with on-chain data showing increased activity during London afternoon and New York morning trading hours
Ripple-linked XRP jumped over 15% in 24 hours to around $1.15, briefly touching $1.16, joining a broader rally that saw Bitcoin surpass $72,000. This comes as ledger data analyzed by treasury firm Evernorth indicates that approximately 23% of XRP's on-chain movement now occurs during a three-hour window spanning the London afternoon and New York morning, up from about 14% a year ago. This pattern, consistent with global FX trading concentration, suggests growing institutional interest.
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