XRP overtakes BNB in market capitalization surpassing $100 Billion
Author: Content Editor
Ripple's XRP has returned to the top five cryptocurrencies by market capitalization, surpassing Binance Coin. With a market capitalization of $100 billion, XRP has seen a 17% increase in the last 24 hours and a 200% increase in the past month. It is currently trailing behind Bitcoin, Ethereum, Tether, and Solana. The XRP price has shown a steep upward trend and is currently overbought. A potential pullback to $1.50 could provide a good entry opportunity. Additionally, Ripple is expecting approval from the New York Department of Financial Services for its RLUSD stablecoin, a dollar-pegged cryptocurrency that aims to challenge USDC and USDT. The company predicts the stablecoin market to be worth $2 trillion by 2028.