XRP Soars 300% to $2.33, Surpasses Tether as Third-Largest Cryptocurrency with $132.8B Market Cap

Dec 1, 2024, 07:29 PM

XRP, the cryptocurrency associated with Ripple, has surged past $2.33, reaching its highest price since 2018 and marking a 300% increase this month. The digital asset's market capitalization soared to $132.8 billion, surpassing Binance Coin (BNB), Solana (SOL), and stablecoin Tether (USDT) to become the third-largest cryptocurrency by market cap. XRP's trading volume reached $18 billion in 24 hours, as the token flipped Solana and Tether in quick succession.