Ripple's daily volume tops $2.3 billion

Ripple's XRP Price Climbs 40% and its daily volume tops $2.3 billion 
24 August 2017   4461

It has been reported recently that the price of XRP is up more than 40%, according to the data provided by coinmarketcap.com. Thus, XRP was trading between $0.23 and $0.24. 

Now, Ripple's XRP not only price climbs 40%, but also increases its daily volume, which now is more than $2 billion.

Ripple XRP charts on coinmarketcap.com Ripple XRP charts on coinmarketcap.com

On august 22nd, Ripple's trading volume soared to $1.45 billion, shattering its previous all-time high. Yesterday, it increased further with 24-hour volume topping out at $2.3 billion at about 12:15 UTC.

It is believed, that such a surge has something to do with the rumours about Korean market showing interest in the cryptocurrency. Notably, the same thing goes to Monero and Ethereum Classic, that have also earned profit from the situation.   

The gossips about a mysterious Ripple's partnership with Asia have begun on the company's social media. Thus, it is believed that Ripple is about to announce a major partnership with a bank or corporation, most likely in Asia. The rumours are based on the fact that Ripple’s Twitter page has been teasing out an announcement about their upcoming conference with a multi-day countdown. Some Twitter users noticed that a geometric resemblance between the shape in the tweet and the Korean subcontinent.

Bluezelle to Launch DDN Product Stage

Data delivery network functions like a content delivery network, but instead of caching content, it places data on many distributed networks
20 May 2019   62

Bluzelle, a crypto project aimed for creating solutions in the field of distributed data transfer, announced the launch of product stage of its Data Delivery Network (DDN) product at the.

Software applications today target global audiences, but data is stored and managed from technology built over ten years ago — before the explosion of smart devices. Consumers demand applications be fast, available and secure. As recent data breaches from the world’s biggest companies show, this demand is not being met.
 

Pavel Bains

CEO, Bluezelle

DDN functions like a content delivery network (CDN), but instead of caching content, it places data on many distributed networks. According to the developers, such a system helps to find servers that are as close to the user as possible, which in turn leads to a multiple increase in data transfer speed in a decentralized network.

According to Bluzelle, DDN currently supports more than 25 data centers and demonstrates a 30-fold increase in reading speed compared to Redis, the recognized leader in this field. In this case, synchronization of the recorded data is performed by all network nodes in less than a second.