Ripple XRP: The influence of Exchanges

On December 29th Ripple soared by more than 55% to reach an all time high of $2.23 implying a market cap of more than $86 billion which was well-over Ethereum’s $73 billion at the time. Coverage seems to be infiltrating mainstream media now, with Ripple even getting a mention on the BBC.So what has caused this market reaction?I think the market is taking notice of Ripple’s speed, reliability and scalability — which has strengthened the demand for Ripple where it’s listed.