\n<\/p>\n
The impressive performance of Ripple\u2019s native token continues with another surge in the past 24 hours that pushed its price above $2 for the first time since early 2018.<\/p>\n
In the process, XRP has surpassed SOL to become the fourth-largest cryptocurrency by market cap.<\/p>\n
The entire crypto market started to chart impressive gains after Donald Trump\u2019s victory in the 2024 US presidential elections nearly a month ago. At first, though, XRP was sort of sluggish and trailed behind, losing ground to other assets like DOGE.<\/p>\n
However, once rumors started to circulate that SEC Chair Gary Gensler will step down once Trump takes office, Ripple\u2019s token began its mindblowing rally.<\/p>\n
It was only solidified last week when Gensler officially announced<\/a> that he will vacate his position as the Chairman of the US regulator that has been in a legal battle against Ripple for roughly four years.<\/p>\n XRP shot above $1 and kept climbing. It was stopped at $1.65 last week, but the bulls returned and pushed its price by 50% on a weekly scale. As such, the token soared to $2.09 earlier today for the first time since January 2018.<\/p>\n Moreover, the asset is by far the best-performing one among the top 10 alts in the past month, having surged<\/a> by 300%. Consequently, it managed to overtake<\/a> several altcoins in the process, such as Binance Coin, and Solana as of minutes ago.<\/p>\n With a market cap of $116 billion as of writing these lines, XRP is the fourth-largest cryptocurrency. Next in line is Tether with $134 billion, according to CoinGecko.<\/p>\n LIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n
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![<\/a>XRPUSD. Source: TradingView<\/figcaption><\/figure>\nMoreover, the asset is by far the best-performing one among the top 10 alts in the past month, having surged<\/a> by 300%. Consequently, it managed to overtake<\/a> several altcoins in the process, such as Binance Coin, and Solana as of minutes ago.<\/p>\nWith a market cap of $116 billion as of writing these lines, XRP is the fourth-largest cryptocurrency. Next in line is Tether with $134 billion, according to CoinGecko.<\/p>\n\nSPECIAL OFFER (Sponsored)<\/span><\/center>\nBinance Free $600 (CryptoPotato Exclusive): Use this link<\/a> to register a new account and receive $600 exclusive welcome offer on Binance<\/b> (full details<\/a>).<\/p>\nLIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n<\/p><\/div>\n\nSource link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"The impressive performance of Ripple\u2019s native token continues with another surge in the past 24 hours that pushed…\n","protected":false},"author":2,"featured_media":5111,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-6651","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crypto","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/6651","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6651"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/6651\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/5111"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/12\/XRPUSD.png\"){kind=link}