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<p><a href="https://tokenize.exchange/trade/USD-XRP" rel="noopener noreferrer nofollow">XRP</a> has climbed the cryptocurrency rankings to become the third-largest digital asset by market capitalization, overtaking <a href="https://tokenize.exchange/trade/USD-SOL" rel="noopener noreferrer nofollow">Solana (SOL)</a> and <a href="https://tokenize.exchange/trade/USD-USDT" rel="noopener noreferrer nofollow">Tether (USDT)</a>. This milestone follows a remarkable 25% rally over the past week, fueled by growing investor confidence and favorable market developments.</p><h3 id="strong-rally-highlights-strong"><strong>Rally Highlights</strong></h3><p>XRP&#39;s market capitalization now exceeds $60 billion, positioning it behind only Bitcoin (BTC) and Ethereum (ETH). This surge has solidified XRP’s place as a leading cryptocurrency, reigniting interest from traders and institutional investors. Over the past seven days, the token’s price has steadily risen, reaching levels not seen in recent months.</p><h3 id="strong-catalysts-behind-xrp-s-surge-strong"><strong>Catalysts Behind XRP’s Surge</strong></h3><p>The recent rally can be attributed to several key factors:</p><ol><li><strong>Legal Developments in the Ripple Case:</strong>XRP’s surge follows renewed optimism surrounding Ripple Labs’ ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). Positive rulings or developments in the case have bolstered confidence that XRP could avoid being classified as a security, which has long been a cloud over its potential growth.</li><li><strong>Increased Institutional Interest:</strong>Institutional investors have shown renewed interest in XRP, with several funds increasing their holdings amid speculation of a favorable outcome in the Ripple-SEC case.</li><li><strong>Global Adoption:</strong>Ripple&#39;s efforts to expand its cross-border payment solutions have contributed to XRP’s growing adoption worldwide. Its use case as a bridge currency in remittances and international settlements has resonated with financial institutions seeking faster and cheaper transactions.</li><li><strong>Meme Coin Rotation:</strong>With interest in meme coins and highly speculative assets tapering, many traders have rotated back into established cryptocurrencies like XRP, which offer a more mature use case and less extreme volatility.</li></ol><h2 id="header-0"><strong>Technical Analysis</strong></h2><p>From a technical perspective, XRP&#39;s recent rally has broken key resistance levels. The token has cleared the $0.85 mark, with the next major resistance projected at $1.00—a significant psychological milestone.</p><ul><li><strong>Relative Strength Index (RSI):</strong>XRP’s RSI has entered overbought territory, suggesting that while bullish momentum is strong, a short-term consolidation or minor pullback may occur.</li><li><strong>Support and Resistance Levels:</strong>Key support levels now rest at $0.75 and $0.80, which traders should watch closely in case of retracements. Breaking past the $1.00 resistance could open the path for XRP to target $1.20 in the medium term.</li></ul><h2 id="header-1"><strong>Market Impact</strong></h2><p>XRP’s rise to the third spot has had ripple effects across the cryptocurrency market. Its rally has sparked broader interest in altcoins, with several mid-cap cryptocurrencies experiencing similar upward momentum. XRP’s resurgence also puts additional pressure on competitors like Solana and Cardano to maintain relevance in the rapidly evolving crypto landscape.</p><h2 id="header-2"><strong>Future Outlook</strong></h2><p>XRP’s ascent to the third-largest cryptocurrency underscores its enduring relevance in the blockchain space. While the token faces ongoing challenges, including regulatory scrutiny, its robust ecosystem and increasing global adoption provide a solid foundation for future growth.</p><p>Investors are closely monitoring Ripple’s legal battle and broader market trends to gauge XRP’s long-term trajectory. Should Ripple achieve a favorable resolution, XRP’s position in the crypto hierarchy could strengthen further, potentially challenging Ethereum for the number two spot.</p>

XRP Becomes Third Largest Cryptocurrency, Surpassing Solana and Tether Amid 25% Rally

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