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XRP Hits 7...
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XRP Hits 7-Year High Close to $2.50 Mark, Moves Past SOL, USDT in Market Cap

  • XRP has broken the US$2 mark, gaining 350% in 30 days, with a market cap of US$130B.
  • The surge can be attributed to factors such as Gary Gensler stepping down as SEC chair, Ripple's legal progress, and developments in the XRP Ledger ecosystem.
  • However, analysts warn of potential long liquidations due to high leverage, reminiscent of a 17% drop following similar activity in November.
  • XRP is currently ranked third in terms of market cap, outranking coins like BNB, Tether (USDT), and Solana (SOL).

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