XRP Skyrockets to $2, surpassing Solana

XRP's market capitalization exceeded $117 billion at the time of writing, attracting the attention of analysts and investors.

It is now one of the best performing cryptocurrencies as it has gained over 47% in the last 7 days, crossing the $2 mark.

XRP has already overtaken Binance Coin (BNB) to become the fifth largest cryptocurrency, and on December 1, it overtook Solana, taking the position of the 4th largest cryptocurrency by market capitalization.

Other market observers share a rather optimistic view. Analyst “Egrag Crypto” predicts that XRP could reach $20-$27 if it repeats its 2017 bull run when it reached its all-time high (ATH) at $3.8.

READ MORE:

Crypto Market Set for December Dip Before Explosive Rally, Analysts Warn

XRP’s recent performance and its market capitalization of $117 billion mark a key milestone for the cryptocurrency. With targets ranging from $5 to $18 and growing investor confidence, it may be poised for a historic breakout.

The coming weeks will be crucial as XRP works to maintain its momentum and chase new all-time highs, attracting significant attention from the market.

Alexander Zdravkov