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

XRP Surges to Become Third Largest Cryptocurrency, Overtakes USDT

user avatar

by Giorgi Kostiuk

a year ago

XRP has surged ahead of Tether to become the world's third largest cryptocurrency. This rise is fueled by multiple factors, including potential regulation news and significant purchases by major investors.

Impact of RLUSD Stablecoin on XRP Price

According to Fox News, the NYDFS may soon approve Ripple's RLUSD stablecoin, with a launch expected on December 4. This move could affect XRP prices. Additionally, SEC Chair Gary Gensler's possible resignation may also contribute to a more stable outlook for the company.

XRP’s momentum seems linked to news that the NYDFS may soon approve Ripple’s RLUSD stablecoin.Peter Chung

XRP Purchases by Major Investors

Recently, 'whales' or major investors, have been acquiring significant amounts of XRP. As Ripple strengthens its position in its case with the SEC, investor confidence is rising. Whale Alert data shows that address r32...yLn acquired 50 million Ripple tokens, while rfQ...Cvi picked up 25.08 million tokens. These transactions have bolstered investor confidence in XRP.

XRP Breaks Past the $2 Mark

XRP reached a new price peak, jumping almost 29% in a single day to $2.39. Over the past month, the price has surged by 367%. This momentum has enabled XRP to surpass Solana and USDT, solidifying its position in the market.

XRP's growth underscores its significance in the cryptocurrency market, providing investors with confidence in its future.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Aerodrome Finance's Success Attributed to Strong Execution and Infrastructure

chest

Aerodrome Finance's success is attributed to strong execution and robust infrastructure, highlighted by a recent merger with Velodrome.

user avatarKenji Takahashi

Aerodrome Finance Emerges as a Leading Revenue Generator in Crypto

chest

Aerodrome Finance has established itself as a strong revenue generator in the crypto market, with an annual revenue of around $100 million and a market cap of nearly $398 million, despite being absent from major exchanges.

user avatarMaria Fernandez

Centralized Exchanges Avoid Aerodrome Finance Due to Regulatory Concerns

chest

Centralized exchanges are hesitant to list Aerodrome Finance due to its unique fee model and regulatory implications.

user avatarRajesh Kumar

25th Connected Banking Summit to be Held in Accra, Ghana

chest

The International Centre for Strategic Alliances announces the 25th edition of the Connected Banking Summit and Innovation & Excellence Awards 2026 in Accra, Ghana, on 25th February 2026, focusing on transforming West Africa's financial sector.

user avatarGustavo Mendoza

Bulgaria Officially Joins Euro Area

chest

Bulgaria officially adopted the euro on January 1, 2026, becoming the 21st EU member to use the single currency.

user avatarMiguel Rodriguez

Short-Term Technical Outlook for LIT

chest

The short-term technical outlook for LIT indicates a clear pattern of price movement, with a potential to reach 300 if the 255-260 resistance is breached. Currently, LIT is consolidating around the 245-250 range, suggesting a base-building phase. If critical support levels are maintained, there is a favorable setup for either a range-bound or mildly bullish continuation.

user avatarLuis Flores

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.