RippleLabs Hints at xRapid Release, XRP Price Surges

An executive at Ripple Labs has indicated that the company’s long-awaited commercial product, xRapid, could soon be released. Ripple’s XRP token value moved up more than twenty percent on the news, although it has since retreated slightly. The availability of xRapid will mark the largest move yet of a blockchain-based product into mainstream use.
Sagar Sarbhai, Ripple Labs’ head of regulatory relations for Asia-Pacific and the Middle East, made the comments during an interview