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XRP, a cryptocurrency launched by Ripple Labs Inc, has grown significantly in the past 7 days. These surges have brought the market cap to the third biggest after Bitcoin and Ethereum. 
According to CoinMarketCap <a href="https://coinmarketcap.com/currencies/xrp/" target="_blank" rel="nofollow">data</a> on Nov. 02, XRP price has surged 27.72% from $1.8 to $2.3 at the time of writing. The price even meteorically increases by 365% from $0.51 in the past month, making them the top gainers along with Peanut (PNUT), Stellar (XLM), and Hedera (HBAR). 
The price movement also made XRP’s market capitalization as the third largest in the world after surging 26% to $136 billion, surpassing Tether (<a rel="" href="https://crypto.news/price/tether/">USDT</a>) and Solana (<a rel="" href="https://crypto.news/price/solana/">SOL</a>) with $134 billion and $108 billion, respectively. 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="1024" height="624" src="https://crypto.news/app/uploads/2024/12/XRPUSDT_2024-12-02_11-17-04-1024x624.png" alt="XRP flipped USDT and Solana after price surged by 27% - 22" class="wp-image-14315313">
 <figcaption class="wp-element-caption">
 1 Day XRP price chart, September 08 – December 02, 2024 | Source: <a rel="" href="http://1 Day SOL price chart, August 29 - November 22, 2024 | Source: crypto.news">crypto.news</a>
 </figcaption>
</figure> 
The tokens were also actively traded for about $26.41 billion, or an increase of 75% in a day. Earlier last week, XRP had already flipped <a rel="" href="https://crypto.news/price/bnb/">Binance’s BNB</a> after they reached $97 billion in market cap, while BNB was still on their $95 billion. 
Ripple’s business expansion and market optimism pushed the price movement and headed to the all-time high record of $3.8 that was reached 7 years ago. 
 Read more: <a rel="" href="https://crypto.news/ripples-xrp-flips-binance-bnb-after-16-surge/"> Ripple’s XRP flips Binance BNB after 16% surge </a> 
<h2 class="wp-block-heading" id="xrp-s-move-on-financial-market">XRP’s move on financial market</h2> 
WisdomTree, one of the U.S. Bitcoin ETF issuers, was <a rel="" href="https://crypto.news/wisdomtree-files-for-xrp-etf-in-delaware/">proposed</a> to the state of Delaware for XRP ETF on Nov. 25. Yet, it’s not officially purposed to the Securities and Exchange Commission (SEC); the market was already enthusiastic with the <a href="https://icis.corp.delaware.gov/eCorp/EntitySearch/NameSearch.aspx" target="_blank" rel="nofollow">fillings</a> which proposed to the division of corporations of the state. 
21Shares also <a rel="" href="https://crypto.news/21shares-files-s-1-for-spot-xrp-etf/">proposed</a> the crypto-related product named 21Shares Core XRP Trust to the commission on Nov. 01. Bitwise also submitted a similar application for the product in early October. 
Although the dispute between Ripple and SEC has not shown any better, the market is still optimistic about the next Trump administration, which supports crypto-friendly regulations. The new chairman of the SEC would also be picked after current executive Gary Gensler is about to withdraw before Trump’s inauguration. 
 Read more: <a rel="" href="https://crypto.news/anti-crypto-gary-gensler-to-resign-from-sec-when-trump-takes-office/"> Anti-crypto Gary Gensler to resign from SEC when Trump takes office </a>

XRP flipped USDT and Solana after price surged by 27%

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