XRP Becomes Third Largest Crypto by Market Cap
XRP’s market capitalization has surpassed $140 billion, marking a new record high and making it the third-largest cryptocurrency by market value. This achievement comes after a 400% increase in value over the last month, with XRP currently trading at $2.3, showing a 26% increase in the past 24 hours.
This surge in value brings XRP closer to its previous glory days before the SEC lawsuit in December 2020, which caused a steep decline and a loss of $15 billion.
It has taken almost four years for XRP to regain its position among the top 7 cryptocurrencies, and it continues to climb higher in the rankings.
While it is still 27% away from its all-time high of $3.4 in January 2018, it is now only behind Bitcoin and Ethereum in terms of market value. Bitcoin maintains its top spot with a market cap of nearly $2 trillion, while Ethereum follows with a valuation of $448 billion.
