CandleFocus CHART: XRP market cap briefly exceeds BlackRock at $158.5B
2024-12-03
Author: Content Editor
Ripple's cryptocurrency XRP has experienced a surge in price, reaching $2.67 and achieving a market cap larger than 88% of stocks in the S&P 500. Over the past week, XRP's market cap has more than doubled, overtaking Solana and Tether. The cryptocurrency is outperforming various prominent companies such as BlackRock and Uber. XRP's market cap hit a new all-time high of $158.5 billion, with potential factors including a potential settlement with the SEC, speculation of Elon Musk investing in XRP, new partnerships, and the possibility of an XRP ETF.
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