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Bitcoin Bitcoin (BTC) $99,476.53 ↑ 2.55%
Ethereum Ethereum (ETH) $1,956.08 ↑ 6.56%
Tether USDt Tether USDt (USDT) $1.00 ↑ 0.02%
XRP XRP (XRP) $2.21 ↑ 3.04%
BNB BNB (BNB) $613.79 ↑ 1.23%
Solana Solana (SOL) $154.50 ↑ 4.68%
USDC USDC (USDC) $1.00 ↓ 0.00%
Dogecoin Dogecoin (DOGE) $0.18 ↑ 5.63%
Cardano Cardano (ADA) $0.72 ↑ 5.35%
TRON TRON (TRX) $0.25 ↑ 1.72%
Sui Sui (SUI) $3.76 ↑ 10.61%
Chainlink Chainlink (LINK) $14.89 ↑ 7.42%
Avalanche Avalanche (AVAX) $20.93 ↑ 5.94%
Stellar Stellar (XLM) $0.27 ↑ 4.22%
Bitcoin Cash Bitcoin Cash (BCH) $414.15 ↑ 12.85%
UNUS SED LEO UNUS SED LEO (LEO) $8.81 ↑ 1.42%
Shiba Inu Shiba Inu (SHIB) $0.00 ↑ 4.31%
Hedera Hedera (HBAR) $0.19 ↑ 4.87%
Toncoin Toncoin (TON) $3.12 ↑ 3.11%
Hyperliquid Hyperliquid (HYPE) $21.57 ↑ 0.91%
Litecoin Litecoin (LTC) $92.09 ↑ 0.95%
Polkadot Polkadot (DOT) $4.24 ↑ 6.72%
Monero Monero (XMR) $297.31 ↑ 4.25%
Dai Dai (DAI) $1.00 ↓ 0.00%
Bitget Token Bitget Token (BGB) $4.34 ↑ 0.51%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ 0.00%
Pi Pi (PI) $0.62 ↑ 6.38%
Pepe Pepe (PEPE) $0.00 ↑ 11.26%
Bittensor Bittensor (TAO) $401.88 ↑ 10.21%
Uniswap Uniswap (UNI) $5.23 ↑ 7.27%
Aptos Aptos (APT) $5.08 ↑ 6.68%
OKB OKB (OKB) $51.73 ↑ 1.38%
NEAR Protocol NEAR Protocol (NEAR) $2.50 ↑ 6.99%
Ondo Ondo (ONDO) $0.92 ↑ 5.91%
Aave Aave (AAVE) $188.08 ↑ 9.10%
GateToken GateToken (GT) $21.40 ↑ 0.10%
Ethereum Classic Ethereum Classic (ETC) $17.28 ↑ 6.61%
Internet Computer Internet Computer (ICP) $4.87 ↑ 4.71%
Cronos Cronos (CRO) $0.10 ↑ 3.67%
Kaspa Kaspa (KAS) $0.10 ↑ 3.33%
Mantle Mantle (MNT) $0.73 ↑ 2.39%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $12.13 ↑ 10.99%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.23 ↑ 4.45%
Render Render (RENDER) $4.54 ↑ 7.84%
VeChain VeChain (VET) $0.03 ↑ 5.13%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↓ -0.05%
Filecoin Filecoin (FIL) $2.75 ↑ 6.44%
Algorand Algorand (ALGO) $0.21 ↑ 6.00%
Ethena Ethena (ENA) $0.31 ↑ 12.49%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.73 ↑ 6.17%
Cosmos Cosmos (ATOM) $4.36 ↑ 5.49%
Celestia Celestia (TIA) $2.63 ↑ 8.75%
Arbitrum Arbitrum (ARB) $0.33 ↑ 7.73%
Sonic (prev. FTM) Sonic (prev. FTM) (S) $0.54 ↑ 5.51%
First Digital USD First Digital USD (FDUSD) $1.00 ↓ -0.02%
Bonk Bonk (BONK) $0.00 ↑ 8.62%
Stacks Stacks (STX) $0.94 ↑ 7.91%
Worldcoin Worldcoin (WLD) $1.00 ↑ 6.75%
KuCoin Token KuCoin Token (KCS) $10.88 ↑ 0.81%
Maker Maker (MKR) $1,623.81 ↑ 9.44%
EOS EOS (EOS) $0.86 ↑ 19.28%
Jupiter Jupiter (JUP) $0.46 ↑ 7.83%
Flare Flare (FLR) $0.02 ↑ 0.33%
DeXe DeXe (DEXE) $14.67 ↓ -2.20%
XDC Network XDC Network (XDC) $0.08 ↑ 3.71%
Quant Quant (QNT) $93.85 ↑ 3.56%
Fartcoin Fartcoin (FARTCOIN) $1.09 ↑ 8.25%
Story Story (IP) $4.04 ↑ 6.16%
Sei Sei (SEI) $0.21 ↑ 5.90%
Immutable Immutable (IMX) $0.59 ↑ 9.69%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.62 ↑ 16.69%
Injective Injective (INJ) $10.50 ↑ 10.02%
Optimism Optimism (OP) $0.63 ↑ 4.58%
Curve DAO Token Curve DAO Token (CRV) $0.73 ↑ 8.03%
Four Four (FORM) $2.51 ↓ -1.07%
The Graph The Graph (GRT) $0.10 ↑ 6.91%
Pudgy Penguins Pudgy Penguins (PENGU) $0.01 ↑ 24.77%
PayPal USD PayPal USD (PYUSD) $1.00 ↓ -0.01%
JasmyCoin JasmyCoin (JASMY) $0.02 ↑ 5.82%
Tether Gold Tether Gold (XAUt) $3,342.76 ↓ -1.37%
IOTA IOTA (IOTA) $0.22 ↑ 4.15%
Nexo Nexo (NEXO) $1.25 ↑ 0.26%
FLOKI FLOKI (FLOKI) $0.00 ↑ 9.19%
Walrus Walrus (WAL) $0.61 ↑ 8.05%
PAX Gold PAX Gold (PAXG) $3,351.78 ↓ -1.07%
Theta Network Theta Network (THETA) $0.78 ↑ 8.11%
Raydium Raydium (RAY) $2.67 ↑ 9.93%
Lido DAO Lido DAO (LDO) $0.86 ↑ 9.57%
Bitcoin SV Bitcoin SV (BSV) $38.81 ↑ 6.24%
The Sandbox The Sandbox (SAND) $0.29 ↑ 6.74%
Core Core (CORE) $0.73 ↑ 2.29%
Gala Gala (GALA) $0.02 ↑ 7.20%
Ethereum Name Service Ethereum Name Service (ENS) $19.83 ↑ 10.62%
BitTorrent [New] BitTorrent [New] (BTT) $0.00 ↑ 3.77%
Helium Helium (HNT) $3.84 ↑ 1.15%
PancakeSwap PancakeSwap (CAKE) $2.15 ↑ 5.80%
Kaia Kaia (KAIA) $0.11 ↑ 1.91%
Zcash Zcash (ZEC) $40.24 ↑ 6.49%
dogwifhat dogwifhat (WIF) $0.64 ↑ 11.28%
Polyhedra Network Polyhedra Network (ZKJ) $2.15 ↑ 1.34%
Bitcoin Bitcoin (BTC) $99,476.53 ↑ 2.55%
Ethereum Ethereum (ETH) $1,956.08 ↑ 6.56%
Tether USDt Tether USDt (USDT) $1.00 ↑ 0.02%
XRP XRP (XRP) $2.21 ↑ 3.04%
BNB BNB (BNB) $613.79 ↑ 1.23%
Solana Solana (SOL) $154.50 ↑ 4.68%
USDC USDC (USDC) $1.00 ↓ 0.00%
Dogecoin Dogecoin (DOGE) $0.18 ↑ 5.63%
Cardano Cardano (ADA) $0.72 ↑ 5.35%
TRON TRON (TRX) $0.25 ↑ 1.72%
Sui Sui (SUI) $3.76 ↑ 10.61%
Chainlink Chainlink (LINK) $14.89 ↑ 7.42%
Avalanche Avalanche (AVAX) $20.93 ↑ 5.94%
Stellar Stellar (XLM) $0.27 ↑ 4.22%
Bitcoin Cash Bitcoin Cash (BCH) $414.15 ↑ 12.85%
UNUS SED LEO UNUS SED LEO (LEO) $8.81 ↑ 1.42%
Shiba Inu Shiba Inu (SHIB) $0.00 ↑ 4.31%
Hedera Hedera (HBAR) $0.19 ↑ 4.87%
Toncoin Toncoin (TON) $3.12 ↑ 3.11%
Hyperliquid Hyperliquid (HYPE) $21.57 ↑ 0.91%
Litecoin Litecoin (LTC) $92.09 ↑ 0.95%
Polkadot Polkadot (DOT) $4.24 ↑ 6.72%
Monero Monero (XMR) $297.31 ↑ 4.25%
Dai Dai (DAI) $1.00 ↓ 0.00%
Bitget Token Bitget Token (BGB) $4.34 ↑ 0.51%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ 0.00%
Pi Pi (PI) $0.62 ↑ 6.38%
Pepe Pepe (PEPE) $0.00 ↑ 11.26%
Bittensor Bittensor (TAO) $401.88 ↑ 10.21%
Uniswap Uniswap (UNI) $5.23 ↑ 7.27%
Aptos Aptos (APT) $5.08 ↑ 6.68%
OKB OKB (OKB) $51.73 ↑ 1.38%
NEAR Protocol NEAR Protocol (NEAR) $2.50 ↑ 6.99%
Ondo Ondo (ONDO) $0.92 ↑ 5.91%
Aave Aave (AAVE) $188.08 ↑ 9.10%
GateToken GateToken (GT) $21.40 ↑ 0.10%
Ethereum Classic Ethereum Classic (ETC) $17.28 ↑ 6.61%
Internet Computer Internet Computer (ICP) $4.87 ↑ 4.71%
Cronos Cronos (CRO) $0.10 ↑ 3.67%
Kaspa Kaspa (KAS) $0.10 ↑ 3.33%
Mantle Mantle (MNT) $0.73 ↑ 2.39%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $12.13 ↑ 10.99%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.23 ↑ 4.45%
Render Render (RENDER) $4.54 ↑ 7.84%
VeChain VeChain (VET) $0.03 ↑ 5.13%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↓ -0.05%
Filecoin Filecoin (FIL) $2.75 ↑ 6.44%
Algorand Algorand (ALGO) $0.21 ↑ 6.00%
Ethena Ethena (ENA) $0.31 ↑ 12.49%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.73 ↑ 6.17%
Cosmos Cosmos (ATOM) $4.36 ↑ 5.49%
Celestia Celestia (TIA) $2.63 ↑ 8.75%
Arbitrum Arbitrum (ARB) $0.33 ↑ 7.73%
Sonic (prev. FTM) Sonic (prev. FTM) (S) $0.54 ↑ 5.51%
First Digital USD First Digital USD (FDUSD) $1.00 ↓ -0.02%
Bonk Bonk (BONK) $0.00 ↑ 8.62%
Stacks Stacks (STX) $0.94 ↑ 7.91%
Worldcoin Worldcoin (WLD) $1.00 ↑ 6.75%
KuCoin Token KuCoin Token (KCS) $10.88 ↑ 0.81%
Maker Maker (MKR) $1,623.81 ↑ 9.44%
EOS EOS (EOS) $0.86 ↑ 19.28%
Jupiter Jupiter (JUP) $0.46 ↑ 7.83%
Flare Flare (FLR) $0.02 ↑ 0.33%
DeXe DeXe (DEXE) $14.67 ↓ -2.20%
XDC Network XDC Network (XDC) $0.08 ↑ 3.71%
Quant Quant (QNT) $93.85 ↑ 3.56%
Fartcoin Fartcoin (FARTCOIN) $1.09 ↑ 8.25%
Story Story (IP) $4.04 ↑ 6.16%
Sei Sei (SEI) $0.21 ↑ 5.90%
Immutable Immutable (IMX) $0.59 ↑ 9.69%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.62 ↑ 16.69%
Injective Injective (INJ) $10.50 ↑ 10.02%
Optimism Optimism (OP) $0.63 ↑ 4.58%
Curve DAO Token Curve DAO Token (CRV) $0.73 ↑ 8.03%
Four Four (FORM) $2.51 ↓ -1.07%
The Graph The Graph (GRT) $0.10 ↑ 6.91%
Pudgy Penguins Pudgy Penguins (PENGU) $0.01 ↑ 24.77%
PayPal USD PayPal USD (PYUSD) $1.00 ↓ -0.01%
JasmyCoin JasmyCoin (JASMY) $0.02 ↑ 5.82%
Tether Gold Tether Gold (XAUt) $3,342.76 ↓ -1.37%
IOTA IOTA (IOTA) $0.22 ↑ 4.15%
Nexo Nexo (NEXO) $1.25 ↑ 0.26%
FLOKI FLOKI (FLOKI) $0.00 ↑ 9.19%
Walrus Walrus (WAL) $0.61 ↑ 8.05%
PAX Gold PAX Gold (PAXG) $3,351.78 ↓ -1.07%
Theta Network Theta Network (THETA) $0.78 ↑ 8.11%
Raydium Raydium (RAY) $2.67 ↑ 9.93%
Lido DAO Lido DAO (LDO) $0.86 ↑ 9.57%
Bitcoin SV Bitcoin SV (BSV) $38.81 ↑ 6.24%
The Sandbox The Sandbox (SAND) $0.29 ↑ 6.74%
Core Core (CORE) $0.73 ↑ 2.29%
Gala Gala (GALA) $0.02 ↑ 7.20%
Ethereum Name Service Ethereum Name Service (ENS) $19.83 ↑ 10.62%
BitTorrent [New] BitTorrent [New] (BTT) $0.00 ↑ 3.77%
Helium Helium (HNT) $3.84 ↑ 1.15%
PancakeSwap PancakeSwap (CAKE) $2.15 ↑ 5.80%
Kaia Kaia (KAIA) $0.11 ↑ 1.91%
Zcash Zcash (ZEC) $40.24 ↑ 6.49%
dogwifhat dogwifhat (WIF) $0.64 ↑ 11.28%
Polyhedra Network Polyhedra Network (ZKJ) $2.15 ↑ 1.34%
Home Cryptocurrency

XRP Rockets Past USDT to Secure Third-Largest Crypto Title

Victor by Victor
2 December 2024
in Cryptocurrency, News
Reading Time: 3 mins read
0
XRP Rockets Past USDT to Secure Third-Largest Crypto Title

XRP Rockets Past USDT to Secure Third-Largest Crypto Title

XRP has moved ahead Tether’s USDT in the rankings to become the world’s very own third largest cryptocurrency, after Bitcoin and Ether.

photo 2024 10 21 08 49 01

Table of Contents

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    • YOU MAY BE INTERESTED
    • Bitcoin Eyes $100K as Fed Freezes Rates—Is This the Bull Catalyst?
    • Polkadot’s Parachain Vision Is Now Forgotten—Qubetics Presale Surges Ahead as the Best Crypto Presale to Join in 2025
  • How Ripple’s RLUSD stablecoin Might After XRP Price
  • Ripple Whales Buy $177M XRP 
  • XRP Price Hits Past the $2 Mark

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With a market cap of $141.8 billion against the United States dollar Tether USDT’s $134. 5 billion, XRP prices were able to increase by 30% within the last 24 hours to $2.46, in so doing marking a massive 364% increase within a period of one month. Its Current Price now stands at $2.46 up from $0.53 for a month which marked the lowest volatility in the price.

The prices started to recover after XRP crossed Solana in terms of market capitalization over the weekend. Bitcoin surged by 1.28% to $97,862. Meanwhile, ether saw an increase of 0.68% and is trading at $3,721. In contrast to these figures, Solana fell by a mere 0.96% to $235.84.

“XRP’s momentum seems linked to news that the NYDFS may soon approve Ripple’s RLUSD stablecoin,” said Peter Chung, head of research at Presto Research.

How Ripple’s RLUSD stablecoin Might After XRP Price

According to Fox News, a launch could be on December 4, as speculation is rife that the New York Department of Financial Services will soon approve Ripple’s RLUSD stablecoin. Ripple has yet to make a statement on the situation.

get a landscape image: XRP Rockets Past USDT to Secure Third-Largest Crypto Title

The price of Ripple may also be affected by SEC Chair Gary Gensler’s announcement that he intends to resign effective January next year. Since 2020, the SEC has sued Ripple over allegations that the company sold XRP for $1.3 billion without any registration.

As a market analyst, Chung expresses hope in Gensler’s announcement that he may resign from his position. Chung also suggested that Ripple would be able to concentrate on the development of the Ripple XRP Ledger ecosystem without interference from the legal proceedings.

At the same time, the market players are monitoring the prospects of spot Ripple ETFS. Applications have already been lodged by asset managers like 21Shares, Canary Capital and Bitwise, increasing the anticipation about the fate of XRP.

Ripple Whales Buy $177M XRP 

get a landscape image: XRP Rockets Past USDT to Secure Third-Largest Crypto Title

Ripple’s XRP has been on a strong upward streak lately, fueled by big moves from major investors. Whales have snapped up nearly $180 million worth of tokens, sparking fresh optimism among traders and investors worldwide.  

This surge comes as Ripple gains legal ground in its case against the U.S. SEC. With the lawsuit potentially nearing a resolution, confidence in the project has grown, driving XRP’s price higher. The token now stands as the third-largest cryptocurrency by market capitalization, cementing its place in the spotlight during this bullish run.

Ripple whales have been making big moves, signaling a surge in market interest. On December 2, Whale Alert data tracked several large purchases, highlighting renewed activity around the asset.  

One wallet, identified as r32…yLn, acquired 50 million Ripple tokens valued at $116.5 million from the exchange Upbit. Another address, rfQ…Cvi, picked up 25.08 million tokens worth $61.08 million through two transactions on Binance. These significant buys have caught the market’s attention, fueling optimism among investors about potential gains ahead.

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Meanwhile, an American blockchain payments company is gaining attention as it approaches a possible resolution to the XRP lawsuit. Optimism is building, especially with changes in the SEC under Donald Trump’s presidency.  

XRP Price Hits Past the $2 Mark

XRP is on a strong run, jumping nearly 29% in a single day to hit $2.39. The coin traded between $1.87 and $2.49 over the past 24 hours, showing significant momentum. Over the past week, XRP has gained 63%, and it’s up a massive 367% for the month. 

During this rally, XRP climbed past Solana and USDT to become the third-largest cryptocurrency by market cap. This bullish trend has only strengthened investor confidence, especially with a strong Q4 for crypto and more accumulation taking place.

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Tags: rippleRLUSDusdtXRP
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