XRP Reclaims Its Throne in the Top 3 Cryptocurrencies.
Some comebacks are unforgettable, and the rise of XRP is one for the history books.
After being knocked down by a legal battle with the SEC in 2020, XRP is back, reclaiming its spot as the third-largest cryptocurrency by market cap, trailing only Bitcoin and Ethereum.
XRP: Resilient Through Challenges
In December 2020, XRP plummeted in value after the SEC accused Ripple of conducting an “unregistered securities offering.” Its market cap shrank by over $15 billion, but the project never left the top 10. Why? Because truly disruptive ideas are like great designs—they endure.
Fast forward to 2024, and XRP’s resilience has paid off. With several legal wins under Ripple’s belt and a 341% price surge in November alone, XRP now trades at €2.35, outperforming major competitors like BNB and Solana.
The fact that it never left the top 10 says a lot.
Eleanor Terrett, journalist
Global enthusiasm and the future of XRP
Beyond its market resurgence, XRP is dominating online interest. According to Google Trends, searches for “XRP” outpaced those for “crypto” several times in November. While XRP has also surpassed Ethereum in search volume, it remains far from overtaking ETH’s market cap, which is 219% larger.
Analyst Christopher Jaszczynski (MMCrypto) speculates that XRP could surpass Ethereum if its price reaches €7.75. Bold, but let’s not start the victory parade just yet—true innovation always takes time to prove its worth.