{"id":143749,"date":"2024-12-02T08:48:31","date_gmt":"2024-12-02T06:48:31","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=143749"},"modified":"2024-12-02T08:49:12","modified_gmt":"2024-12-02T06:49:12","slug":"xrp-surpasses-usdt-to-become-worlds-third-largest-cryptocurrency","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/xrp-surpasses-usdt-to-become-worlds-third-largest-cryptocurrency\/","title":{"rendered":"XRP Surpasses USDT to Become World\u2019s Third-Largest Cryptocurrency"},"content":{"rendered":"<p>This meteoric rise follows a massive price surge of 30% in just one day, pushing <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/xrp\/\">XRP<\/a> <\/strong>to $2.44, and a staggering 375% rally over the past month.<\/p>\n<p><a href=\"https:\/\/cryptodnes.bg\/en\/xrp-surpasses-usdt-to-become-worlds-third-largest-cryptocurrency\/xrpusd_2024-12-02_08-45-22\/\" rel=\"attachment wp-att-143750\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-143750\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/12\/XRPUSD_2024-12-02_08-45-22.webp\" alt=\"\" width=\"2048\" height=\"937\" srcset=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/12\/XRPUSD_2024-12-02_08-45-22.webp 2048w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/12\/XRPUSD_2024-12-02_08-45-22-300x137.webp 300w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/12\/XRPUSD_2024-12-02_08-45-22-1024x469.webp 1024w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/12\/XRPUSD_2024-12-02_08-45-22-768x351.webp 768w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/12\/XRPUSD_2024-12-02_08-45-22-1536x703.webp 1536w\" sizes=\"auto, (max-width: 2048px) 100vw, 2048px\" \/><\/a><\/p>\n<p>Driving this remarkable growth are several key factors. Market excitement is mounting over the <strong><a href=\"https:\/\/cryptodnes.bg\/en\/ripples-rlusd-stablecoin-set-for-launch-as-nydfs-approval-nears\/\">anticipated approval of Ripple\u2019s RLUSD stablecoin<\/a><\/strong> by the New York Department of Financial Services, with reports suggesting a launch as early as December 4. If realized, this could further solidify XRP\u2019s role in the evolving crypto landscape.<\/p>\n<p>Speculation has also intensified following <strong><a href=\"https:\/\/cryptodnes.bg\/en\/sec-chair-gary-gensler-will-be-stepping-down-this-january\/\">news that SEC Chair Gary Gensler will step down in January 2025<\/a><\/strong>. With his departure, many are hopeful for a resolution to the longstanding SEC lawsuit against Ripple, which has overshadowed the token since 2020. Investors are betting that new leadership could pave the way for settlements or a more favorable regulatory approach.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/here-is-what-we-can-expect-from-bitcoin-before-the-end-of-2024-according-to-crypto-expert\/\" title=\"Here is What we Can Expect From Bitcoin Before the End of 2024, According to Crypto Expert\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/09\/crypto_market_altcoins_rise-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Here is What we Can Expect From Bitcoin Before the End of 2024, According to Crypto Expert<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Institutional interest in XRP is heating up, with notable filings for XRP-specific ETFs from firms like 21Shares and Bitwise. These developments align with Ripple\u2019s expanding ecosystem and growing partnerships, signaling a broader acceptance of the token in mainstream finance.<\/p>\n<p>Amid the bullish sentiment, concerns over market speculation persist. Analyst Valentin Fournier <strong><a href=\"https:\/\/www.thebrn.co\/?ref=blockhead.co\" target=\"_blank\" rel=\"nofollow\">highlights<\/a> <\/strong>a sharp 30% increase in open interest for XRP derivatives over a 24-hour period, totaling $4.2 billion. This surge in leveraged positions could lead to heightened volatility and potential corrections.<\/p>\n<p>XRP\u2019s recent rally evokes memories of its 2018 peak, when it reached $3.30. With fresh momentum and the promise of regulatory clarity, XRP seems poised for a transformative phase, potentially reshaping its position in the digital asset market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP has captured significant attention in the crypto market, climbing past Tether (USDT) to secure its position as the third-largest cryptocurrency by market capitalization, now valued at $137.65 billion.<\/p>\n","protected":false},"author":3,"featured_media":39104,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-143749","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>XRP Surpasses USDT to 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