XRP Surges Nearly 300% in Just Over a Month, and the Real Reason Why!

The last couple of months have been a little painful for all but the most patient of traders, as XRP fell from a high of just over $0.02 USD (two cents) to less than $0.0025 (a quarter of a cent). Now, and seemingly in tandem with an announcement that Ripple may be open-sourced by the end of the month, XRP has surged back to just under $0.01 USD, or approximately 300% higher than the mid-August lows.

Personally, I think there's a more important reason why XRPs are trading higher as of late, and that's this little hint of an announcement hidden in the Ripple Blog post about the Developer Conference taking place next month:

10:25-11:20am – Integrating with Ripple for Merchants and Gateways, Bob Way and Brian Keller-Heikkila 

Integration Engineer Bob Way will explain how merchant and gateway integration works. Brian Keller-Heikkila, CTO of ZipZap, will join Bob on stage to share special news.

What special news could the CTO of ZipZap be announcing? Well, considering they operate a global cash transaction network of 700,000 payment centers, perhaps they're going to be integrating with Ripple to become a massive multi-currency gateway?

That's just a guess, but I can't imagine any other reason why the CTO of ZipZap would make an appearance with Bob Way, the Integration Engineer for OpenCoin.

If ZipZap is indeed becoming a gateway, it'll be a massive win for OpenCoin, and a huge vote of confidence for the technology.

Posted in: ripple,zipzap