Editor's PiCK
XRP surges 8% in a day… tops $2 to reclaim 3rd place in market cap
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- XRP (XRP) surged 8% and reclaimed 3rd place in market capitalization by overtaking Binance Coin (BNB).
- XRP is at 2.02 dollars, breaking the psychological 2 dollars resistance and rapidly absorbing market funds.
- While Bitcoin (BTC) and Ethereum (ETH) showed modest gains, XRP's notable surge has raised expectations for further upside.
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
XRP (XRP) rode the rally to overtake Binance Coin (BNB) and climb to the 3rd spot in crypto market capitalization (excluding stablecoins).
On the 2nd (local time), on global crypto exchange Binance, XRP traded at 2.02 dollars, up 7.8% from the previous day, recording a market capitalization of 121,940,000,000 dollars.
This narrowly surpassed Binance Coin, which had a market capitalization of 121,550,000,000 dollars at the same time. Binance Coin also rose 2.01% from the previous day to 880.21 dollars, but it was not enough to catch up with Ripple's rise.
XRP is currently showing a noticeable surge. While Bitcoin (BTC) was up 1.59% and Ethereum (ETH) was up 4.00%, showing a gentle upward trend that day, XRP produced a near 8% surge in a single day, rapidly absorbing market funds. In particular, XRP has strongly broken through the 2 dollars level, which was seen as a psychological resistance, raising expectations for further gains.
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