Ripple's XRP has surpassed Tether (USDT) to become the third-largest cryptocurrency by market capitalization. The legal battle between Ripple and the SEC, which had accused Ripple of selling unregistered securities, has had a positive turn, boosting investor confidence and triggering XRP's recent rally. The launch of Ripple's stablecoin RLUSD on December 17, following approval from the NYDFS, is expected to further increase XRP's price. XRP is currently trading at $2.51, with a 4.27% gain. Technical indicators show positive momentum and buying pressure for XRP. However, it may face resistance at $2.52 and may experience a pullback if bearish pressure intensifies.



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