In an amazing event turn, XRP regains its third largest cryptocurrency in the market capitalization, surpasses the tether (USDT), and solidifies the location right behind bitcoin (BTC) and Ethereum (ETH). Ta. As the market capitalization is approaching $ 140 billion, XRP is now increasing $ 2 billion and further indicating that it is outstanding in encrypted spaces.
Key takes
The market capitalization of XRP has surged to about $ 140 billion, overtaking TETHER $ 147 billion. The token has gained almost 15 % value in the past week, and last year it gained surprising 350 %. The main factors that promote the rise in XRP include the release of Ripple’s new StableCoin, guessing XRP ETF, and a regulatory shift that affects tethers.
XRP rally: Factors contributing to that rapid increase
The recent performance of XRP is nothing but extraordinary. The steady rise in the tokens in the ranking may be due to several important factors.
Ripple’s new Stablecoin release
One of the important catalysts of XRP surge is the publication of Ripple’s new US dollar support Stullecoin, Ripple USD (RLUSD), which started in December 2024. As an asset that is the basis of the new StableCoin. Prosage about XRP ExchangeTraded Fund (ETF)
Another factor that contributes to the XRP rally is that the Securities and Exchange Commission (SEC), which is currently under Paul Atkins, may approve XRP -based ETFs. is. This movement may open a door for more institutional investments in XRP, and to tokens to tokens in the market. Changes in global regulations and tethers
The rise in XRP is also promoted by the issues facing Tether (USDT). Recently, the market capitalization of Tether has declined $ 1.6 billion, and it has been consistent with the development of the Crypto-Assets Regulation (MICA), which was enabled on December 30, 2024. The loss of the market value of the tethers has been announced from the list because Coinbase has not violated MICA, due to new regulations.
Despite these sets, tethers remain dominant in the Asian market, which generates about 80 % of the transaction volume. This advantage may be potentially useful for regaining the lost ground in the EU market, but for now, the XRP’s momentum has been shining.
Possibility of the future of XRP
When the XRP meteor rises, we are wondering if the token can maintain its third largest cryptocurrency and continue to continue the upward orbit. Ripple’s increase in XRP use cases, including its role in StableCoin initiatives and potential approval of XRP ETF, suggests that tokens can increase in the next few months.
Furthermore, under the Paul Atkins leadership, the evolving stance of the SEC to XRP may become legally clear and open a door for more institutional involvement. As the market capitalization of XRP continues to rise, investors want to see if they can challenge Ethereum at the second spot and to reach a new height.
XRP’s solid performance in the past year and its expanded use case clearly show that the token is not just another speculative asset. Instead, it is becoming more and more legal candidates in a wider cryptocurrency market. I don’t know if it will maintain this momentum in 2025, but for now, XRP is definitely one of the most exciting stories in Crypto.