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In the past 48 hours, the cryptography markets have offered an exciting time for traders around the world. By late Sunday, the total market capitalization was $ 121.7 billion. The total market capitalization of cryptography has since gained $ 11.55 billion and is currently valued at $ 133.255 billion at the time of writing this article.
In addition, Bitcoin (BTC) has not yet exceeded the $ 4,000 mark and is valued at $ 3,912. Ethereum is the piece to watch since Sunday. ETH has seen impressive market growth from $ 124 to $ 147. This represents an impressive increase of 18.5% over the period mentioned. EOS has also had an impressive run in the last 48 hours, posting 23% gains since Sunday. The coin is currently valued at $ 3.58. Bitcoin Cash (BCH) has also increased by 20% in the last 48 hours.
XRP and XLM are catching up
While other important pieces set the tone in the markets, XRP and XLM seemed to be lagging so far. Both are currently posting gains of about 8% in the last 24 hours.
XRP and XLM market performance over 24 hours. Source, Coinmarketcap.com
By badyzing the evolution of their prices since Sunday, XRP and XLM rose by 11.8% and 12.5% respectively. This gives a clearer idea of the fact that the market's excitement has not completely left the two digital badets.
Recent XRP and XLM updates
By reviewing recent developments in both digital badets, they have both recently updated their code base. In the case of XRP, his latest book is version 1.2.0 which was released on the 13th of this month. This new code introduces the MultisignReserve amendment. The latter reduces the required reserves badociated with the sign-up lists for Multisign. The new version also included incremental code enhancements that manage offers in the decentral switch.
Turning now to XLM, the recent Stellar code update was made available to the public on Valentine's Day. The new version (v10.2.0) includes many improvements focused on network stability. The new version also includes the following new features.
- Simplified and documented metrics
- additional progress meter when catching up
- ability to log (debug / track) transactions and their results
- SCP status includes delayed validator information to help identify slow validators in quorum
- the new command-line format now accepts global switches anywhere (that is, before or after the subcommand name)
What do you think of the recent market performance not only of XRP and XLM, but of the entire spectrum of cryptocurrencies? Do you think that the current excitement will be maintained, which would mean a reversal of the current bear market? Please let us know in the comment section below.
[Feature image courtesy of Unsplash.com]
Warning: This article is not meant to give financial advice. Any additional opinion in this document is purely that of the author and does not represent the opinion of Ethereum World News nor any of its other authors. Please do your own research before investing in one of the many available crypto-currencies. Thank you.
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