On the price front, XRP/USD is seeing 24-hours greens of 2 percent as it trades at $0.3269. The increase in price was accompanied by an increase in trading volume to $4.3 billion while an average daily trading volume for XRP doesn’t go much beyond $1 billion. The highest volume has been registered at Bitfinex which also processes the biggest share of XRP transactions.

Source: TradingView

At one point the price went above $0.33 level but couldn’t hold the ground and went back to $0.32 level. Meanwhile, till date in 2019, XRP is in the red by more than 6 percent.

A Boost to XRP Adoption

Just around the weekend, we reported the official launch of XRPayments app on the iOS app store and Google Play. Designed by Ripple-backed startup XRPL Labs, the app with an in-built currency converter allows the payments to be made directly from the ledger or through XRPTip Bot.

“Right on time! Our XRPayments app was just accepted by Google and Apple. You can get the app now from the Apple iOS or Google Play store, and start accepting $XRP for payments in your physical store!”

XRPL Labs co-founder Wietse Wind had shared a demo of the app just last month. Within just two days of its release, the app even managed to make it among the top trending apps on Google play in the business category.

https://twitter.com/RabbitKickClub/status/1119649677895507968

In order to thrive, cryptocurrencies need adoption and if a coin goes mainstream and gains day to day acceptance, it will add considerable value to it. And the nod from the Google Play and Apple store is one such step in the adoption direction that will allow the XRP holders to spend the digital currency.

XRPL Labs is playing a huge role in Ripple adoption as they have already made several efforts to support the use and adoption of the third largest cryptocurrency.

Recently, there has been news of XRPTipBot to be integrated into Skype in the near future. Moreover, XRPTipBot is moving to get a banking license as announced by Wind, the brain behind this application as well, at the XRP meetup in Netherland.

“The BIG news from yesterday’s XRP meetup is that WietseWind is in the process of obtaining a banking license for @xrptipbot! XRPLLabs is going to bridge the legacy network!” Tweeted XRP supporter Tiffany Hayden.

A move like such would definitely work in favor of XRP price and will open more opportunities for its retail and institutional adoption.

Xpring, the fundraising arm of Ripple that invests in several initiatives has also made an investment in XRPL Labs.