Solana

Donald Trump

Ripple token XRP has surged past stablecoin Tether (USDT) and Solana (SOL) to become the third-largest crypto by market capitalization.
XRP soared over 28% in the last 24 hours and 346% in the past month to trade at $2.42 as of 2:44 a.m. EST. 
The recent gain was a continuation of its bullish weekly momentum, and pushed the crypto’s market cap to above $138.4 billion. USDT’s market cap currently stands at around $134.22 billion, while SOL’s total valuation is $108.5 billion, according to CoinMarketCap.
<img decoding="async" src="https://walloftraders.com/blog/wp-content/uploads/2021/03/image.png" alt="What is Ripple (XRP)? For the worldwide transfers">
<h2 id="span-style-font-weight-400-regulatory-expectations-rlusd-and-etf-filings-push-xrp-to-multi-year-high-span">Regulatory Expectations, RLUSD And ETF Filings Push XRP To Multi-Year High</h2>
XRP’s recent surge has pushed the altcoin’s <a href="https://coinmarketcap.com/currencies/xrp/" rel="noopener noreferrer nofollow">price</a> to its highest point since April 2021.&nbsp;
With Donald Trump entering the White House next month, investors anticipate a friendlier regulator environment for crypto with Gary Gensler stepping down as chair of the US Securities and Exchange Commission (SEC) next month. 
Ripple has been embroiled in a legal battle with the regulator regarding XRP’s security status.
Adding to the bullish sentiment around the altcoin is the Nov. 1 filing by 21Shares to launch a spot <a href="https://insidebitcoins.com/news/xrp-price-prediction-ripple-token-soars-10-but-traders-turn-to-this-ico-with-a-619-staking-apy" rel="noopener noreferrer nofollow">XRP</a> ETF. The steep rise in the crypto’s price also follows reports that the New York Department of Financial Services (NYDFS) will soon approve Ripple’s stablecoin, RLUSD.
<h2 id="span-style-font-weight-400-xrp-meme-coins-predicted-to-be-100x-opportunities-span">XRP Meme Coins Predicted To Be 100X Opportunities</h2>
Another factor that could be pushing XRP’s price up is the recent launch of meme coins on the XRP ledger. This year, Solana has been a popular breeding ground for these lighthearted tokens, with Pump.fun facilitating the creation of the bulk of the meme coins launched during the latest frenzy.&nbsp;
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Unironically think coins on XRP are either a 100x from here
 or this is the pico top and everyone that does loses all their money
 If I had a small balance I'd take those odds over trading perps any day I'm not in that business anymore though, I've become too old and lazy
 — DonAlt (@CryptoDonAlt) <a href="https://twitter.com/CryptoDonAlt/status/1863308890542100916?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 1, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<a href="https://insidebitcoins.com/news/xrp-price-prediction-as-former-ripple-exec-says-brad-garlinghouse-may-be-trumps-crypto-tzar-traders-flock-to-this-politifi-ico-with-387-staking-apy" rel="noopener noreferrer nofollow">XRP</a> meme coins such as DROP, RPLS and BERT already boast market caps in the millions of dollars. Crypto analyst DonAlt told his more than 620.4K followers on X in a Dec. 1 post that XRP meme coins could soar 100X. 
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XRP Surges 28% To Become World’s Third-Largest Crypto Ahead Of Tether (USDT), Solana

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