• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

XRP and Solana Surge: New Positions in Top 10 Cryptocurrencies

user avatar

by Giorgi Kostiuk

2 years ago

Significant changes occurred in the crypto market as XRP and Solana (SOL) demonstrated impressive growth, surpassing Tether and BNB.

Rise of XRP and Solana

Recent data shows that the market value of XRP increased to $138.98 billion, surpassing the largest stablecoin USDT. Meanwhile, Solana's market value reached $103.9 billion, leaving BNB with its $101 billion market value behind.

Ranking Changes

As a result of these changes, XRP rose to the 3rd place among the largest cryptocurrencies, while Tether (USDT) fell to the 4th place. Solana also surpassed Binance Coin (BNB), reaching the 5th position, while BNB now ranks 6th.

Market Implications

XRP’s surpassing of USDT coincides with USDT experiencing a $1.6 billion drop following the introduction of the European Union’s Markets in Crypto-Assets Regulation (MiCA). Despite this decline, Tether continues to dominate the stablecoin market.

These changes in the top 10 cryptocurrency rankings highlight the significance of market dynamics and response to global regulations.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Kraken Enhances Crypto Trading with Tether Gold Listing

chest

Kraken has recently added Tether Gold to its trading menu, providing traders with enhanced options for commodity-backed assets within the crypto market.

user avatarMiguel Rodriguez

Chainlink Integrates Arbitrum Orbit to Enhance Layer 3 Messaging Security

chest

Chainlink has announced its integration with Arbitrum Orbit to enhance security in Layer 3 messaging using its Cross-Chain Interoperability Protocol.

user avatarArif Mukhtar

Aave V3 Launches on zkSync Era, Enhancing DeFi Lending

chest

Aave V3 has been launched on the zkSync Era, expanding DeFi lending capabilities within the ZK rollup environment.

user avatarLuis Flores

BNB Chain's Haber Upgrade Enhances Developer Experience

chest

The Haber upgrade on BNB Chain introduces technical improvements aimed at enhancing the developer and validator experience.

user avatarMaria Gutierrez

Coinbase Supports Render, Enhancing AI Compute Trading

chest

Coinbase's recent support for Render enhances liquidity and access for AI compute traders, increasing trading volume and market participation.

user avatarDavid Robinson

Fidelity Bitcoin ETF Sees Institutional Inflows Amid Market Volatility

chest

Fidelity's latest Bitcoin ETF inflow indicates continued institutional interest despite market fluctuations.

user avatarAndrew Smith

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.