Ripple’s price has skyrocketed in the last week

The price of Ripple’s XRP token has been going through the roof, with prices rising more than 30% in the last 24 hours, and more than 450% in the last month, to sit at around AUD$1.80. On top of the price hikes, SBI Ripple Asia, a joint venture between Ripple and Japanese financial service company SBI Holdings, announced it is creating a consortium to look into the role distributed ledger technologies such as Ripple can play in card payments.

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SOURCE: Finder.com.au