Verge (XVG) has turned around to survive the last shockwave it experienced after it unveiled the mystery partnership which a whopping sum of its crowd fund was amassed. This week, the story has been different for the altcoin with sundry of developments trooping in from various angle, which is rising its value.
Talking about the boost, listing on Bitfinex and the latest one featuring Abra App and CoinPayments are major hands in the rising development.
The CoinPayments news came around as the cloud wallet solution company based in British Columbia, Canada aired on its Twitter page that it is supporting Vergecurrency.
“CoinPayments is proud to support @vergecurrency payment processing. Use #XVG for secure and anonymous transactions”.
Increasing the credence and dominance of Verge in the market, today came a news which highlights that Abra, “a financial services and technology company that produces a consumer peer-to-peer mobile payment service” will be adding Verge to its app for trading.
Abra, in the announcement tweet said; “GOOD NEWS! We will be adding #Monero, #NEO, #NEM, #Lisk, and #Verge to the Abra app”.
CoinPayments, in a post shared on its blog said the decision to choose Verge was due to some imposing character which the altcoin poses in the crypto space.
“Incredible privacy, airtight security, swift transaction speed, and unbelievable flexibility of use”!
“Uniquely secure and safe, Verge also offers users other incredibly unique features such as atomic swaps (utilized when trading on decentralized exchanges), low transaction fees and fast transaction speeds”, CoinPyaments stated.
CoinPayments added that the team behind Verge has an unending zeal for tremendous developments in a democratic manner, as the altcoin is a 100% open source project.
While the global wallet which added five Crypto coins to its app amongst which Verge lies, in its own statement, said the coins which it recently added are top most demanded coins from users.
“The demand from our users for additional altcoins has been incredibly high, and our goal is to continue adding more cryptocurrency options and ultimately democratize access to financial services and all asset classes,” says Abra CEO Bill Barhydt.
As Verge continues to fight for acceptability and partnership in the market along with the rousing rumour that Coinbase may be the next exchange platform to add the altcoin for trading, XVG continues to remain an attractive coin in the market with unending attention, convincing investors to HODL until it reaches $1.