At this price, the digital token was up more than 20% over the last 24 hours, and had climbed to its highest since early March, additional CoinMarketCap figures show. Charles Hayter, co-founder and CEO of digital currency data platform CryptoCompare, commented on these expectations. While the Binance rumors did play a role in XRP gains, there were certainly other factors involved, analysts emphasized. Cryptocurrency prices have been trending higher, noted Marius Rupsys, a digital currency investor. Since the XRP token has fallen so much from its all-time high, it bounces back more than other digital currencies, said Rupsys.

Source: Forbes April 20, 2018 16:30 UTC