Ripple (XRP) is the best performer among the top 10 cryptocurrencies by market cap, up nearly 4% in the last 24 hours. The rally over the last few hours has allowed XRP to top the $1.40 resistance level. The positive performance comes as persistent inflows into XRP spot ETFs reflect renewed investor confidence, supporting the remittance token’s current consolidation. Ripple partners with Kyobo Life Insurance The primary catalyst behind XRP’s bullish performance is the partnership between Ripple and Kyobo Life Insurance, bringing Korea’s bond settlement on-chain. According to Ripple, the partnership will enable tokenized government bond transactions within a regulated institutional environment.
Source: Read the original article
