Legal victories and Google search spikes fuel XRP’s comeback.
XRP Reclaims Its Place in Top Three
XRP, Ripple’s native cryptocurrency, has returned to its former glory as the third-largest crypto by market cap. This milestone follows Ripple’s recent legal successes in its long-standing case with the US SEC, which accused the company of conducting an unregistered securities offering in 2020.
The legal disputes initially caused XRP’s value to plummet to $0.17, erasing over $15 billion in market capitalization. However, as Ripple secured key victories in 2024, XRP experienced a remarkable resurgence. The token’s market cap now surpasses Binance’s BNB and Solana’s SOL, with its price climbing to $2.35 and a November rally posting a 341% increase.
XRP Dominates Google Search Trends
The altcoin has also seen a surge in online interest, with Google searches for “XRP” surpassing those for “crypto” on several occasions in November. This growing popularity highlights the community’s confidence in the asset’s future, despite years of uncertainty.
$XRP is more popular than crypto according to Google Trends 👇
Ripple’s ongoing performance and the increasing buzz around its token indicate that this token could continue to capture market attention.
XRP’s Journey: Four Years as a Market Underdog
The SEC’s 2020 lawsuit forced XRP to remain the seventh-largest cryptocurrency for years. During this period, it lagged behind USDT, BNB, and other major coins. Despite these challenges, it never fell out of the top ten, reflecting its resilience and the steadfast support of its community.
Can XRP Surpass Ethereum?
While XRP has achieved significant milestones, it still trails Ethereum by 219% in market cap. Crypto analysts predict that for XRP to flip ETH, its price would need to rise to $7.75.
The current momentum, supported by Ripple’s Web3 advancements and growing adoption, could help XRP narrow the gap with Ethereum in the long term.
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