
Chris Larsen-Backed Yellow Network Token Surges 200% on XRP Settlement Hype
- —YELLOW hit an all-time high of $0.146 and now trades near $0.114
- —Trading volume rose 310%, pushing market cap to almost $40 million
- —Max supply is 10 billion tokens, with about 320 million in circulation
- —Yellow Network raised $10 million from Chris Larsen in 2024
Why it matters: A bet on AI-agent payments settled in XRP could lift demand for XRPL infrastructure, though the token's move looks speculative for now.
Source: CoinGape