XRP has made a historic comeback as the third-largest coin by market cap, the number of “XRP” Google searches breaking above “crypto.”
XRP, the cryptocurrency developed and issued by the United States blockchain firm Ripple, has made a historic comeback as the third-largest coin by market capitalization, sparking reactions from the community.
XRP (XRP) dropped out of the top three cryptocurrencies by market cap in December 2020 as the US Securities and Exchange Commission sued Ripple on allegations of facilitating an “unregistered digital asset securities offering.”
With the SEC’s lawsuit nearing resolution and Ripple achieving several legal victories in 2024, XRP has rallied, posting a massive spike in November after Donald Trump’s victory in the US presidential election.