Ripple’s native token, which won the victory over the US Securities and Exchange Commission (SEC), outpaced BNB (BNB) compared to XRP market cap.
Between SEC and Ripple in critical litigation new decisions made by the judge on the crypto money market positive reflected. Ripples (XRP) sold to the public by the trial judge investment contract will not be offered after the statement XRP price in a short time $0.473 from the levels $0.938 reaching up to 2x rise lived. After the big rise, XRP, 20% regressing 0.77 dropped to dollar levels.
In parallel with this price increase, XRP is the local token of Binance, the world’s largest cryptocurrency exchange in terms of market value. Leaving BNB behind after 2 years succeeded And to the fourth seat sat down.
According to CoinGecko data, XRP, which has been performing well since the beginning of the year, has increased its market value by approximately 2.5 times. 41 billion dollars At the time of writing BNB $39 billion has market value.
Ahead of XRP, it is the third largest asset of the cryptocurrency market in terms of market cap, after Bitcoin (BTC) and Ethereum (ETH). Tether (USDT) exists. The market cap of the industry’s largest stablecoin at $83 billion is positioned.
For XRP to surpass Tether’s market cap in a possible scenario, it’s about 2x It has to experience another upswing.