"Before this, XRP was silent for a long time, but suddenly it continues to climb high."
After being at the bottom for a long time, the price of the Ripple cryptocurrency (XRP) finally managed to climb up to $0.63 breaking the highest level in three months after discovering that iOS 18 will feature the integration of Ripple's Interledger Protocol (ILP).
Pleased to inform you that Apple and Ripple have collaborated to create a product with a new 'Tap to Pay' feature that allows iPhone users to conduct transactions seamlessly across devices.
The partnership suggests a future where XRP is able to play an important role in Apple's payment ecosystem through the use of XRP technology that can effectively allow low-cost transactions.
So here it can be seen that XRP aims to offer speed, clarity and security for financial transactions with the increasing adoption of blockchain technology in mainstream use such as Apple's 'Tap to Pay' system.
Not only that, the massive increase in the price of XRP was also triggered due to Google Trends data showing an upward trend in internet searches for the keyword "XRP" from June until July 17, 2024.
This is because many internet users are increasingly paying attention to the development and performance of XRP, causing retail investors known as "fishes" who hold between 100 and 1,000 tokens to increase.
The supply of XRP held by entities that have a balance of 100 million to 1 billion XRP tokens is also skyrocketing and this means that larger market players are increasingly interested and confident in the digital asset.
According to leading crypto analyst Michael van de Poppe, XRP may be on the verge of seeing one of the most significant breakouts in crypto history after trading crypto, he has not seen a pennant pattern form in seven years.
As of this writing, XRP price has surged by 3.08% at $0.60 in the last 24 hours with a market cap of over $33 billion then recorded a 37.08% climb over the last week.