What concerns me about these types of articles is they often specifically go out of their way not to mention if it involves a private blockchain or something that is publically available. Ethereum has been using that type of deception where many of the articles turn out to be referencing a private chain; but, the announcement is used to pump the public chain. The wording of this article suggests to me that it has nothing to do with the public XRP.
It's unfortunate that this type of deception has become commonplace.
Yes, Ripple is the latest coin to find flavour with the pumpers and dumpers.
The rally seems to be amazing, but it is best to stay away.
think this is a pump and dump would discount years of testing, development and piloting by a many number of banks from Japan to England.
The surge in price appears to be attributed to a number of catalysts including those mentioned in the links posted on this thread.
Here are some recent factors which are influencing the price :
However, Ripple has also announced new features meant for bringing the Internet of Value to life, which could have positively affected its image with investors.
The Ripple Consensus Ledger (RCL) and Interledger Protocol (ILP) can now communicate with each other, which the developers say is creating a network that can interconnect all the worlds value on ledgers.
The two new features Escrow and Payment Channels, which help to increase the performance and scalability of RCL, became active for all users on Friday. Escrow allows RCL and ILP to communicate to secure XRP for an allotted amount of time or until certain conditions are met.
The new features allow companies to adopt RCL and ILP, and those using the technology will receive the benefits of XRP, providing them with a faster, cheaper experience for cross-border payments.
The developer adds that unlike other systems (alluding to the bitcoin blockchain) which cant handle many transactions, Ripples payments network can now operate at volumes previously seen only by Visa.
http://www.financemagnates.com/cryptocurrency/trading/ripple-market-cap-well-1-5-billion-xrp-doubles-price/