XRP Surpasses USDT as Third-Largest Cryptocurrency
- XRP’s price increased by 10% to $2.6, raising its market capitalization to approximately $152 billion.
- Ripple’s XRP overtook Tether’s USDT, which has a market cap of $150 billion.
- XRP is trading at its highest level since early March but remains 24% below its all-time high of $3.4 from January 2018.
- Ripple and the SEC have proposed a $50 million settlement in their legal dispute, pending court approval.
- Ripple plans to acquire Hidden Road for $1.25 billion to expand its financial services offerings.
XRP has surged by 10% in value, reaching $2.6 and reclaiming its position as the third-largest cryptocurrency with a market cap of approximately $152 billion, surpassing Tether’s USDT.
Source (2.6)https://cryptobriefing.com/xrp-market-surge-overtakes-usdt/?rand=59535
