๐ XRP Beats BNB, Becomes 4th Largest Crypto in the World After 22% Rise! ๐๐ฅ
In a remarkable turn of events, XRP has surged past Binance Coin (BNB) to become the fourth-largest cryptocurrency by market capitalization. ๐๐ฅ
According to CoinMarketCap data, XRP now boasts a market cap of $37.2 billion, edging ahead of BNB, which stands at $37.1 billion. This notable shift has been driven by XRP's impressive 22% rise in the past week, while BNB only gained 7% during the same period. ๐๐ฐ
XRP's surge can be attributed to recent legal victories for Ripple in its ongoing battle with the SEC. Court rulings have favored Ripple, determining that XRP is not a security when sold on a secondary market and rejecting the SEC's appeal attempt. This legal clarity has boosted investor confidence and fueled XRP's impressive growth. ๐๏ธ๐
On the other hand, Binance has faced legal challenges from the SEC, which have hampered its progress, despite a broader crypto market recovery. BNB is still down 1% on the year-to-date (YTD) chart, while XRP has more than doubled its price since January. XRP started the year at $0.33 and currently trades at around $0.681. ๐๐ธ
XRP's remarkable rise demonstrates the impact of legal developments on the cryptocurrency market. ๐๐ #XRP #BNB๐ฅ #CryptoMarket #MarketCapitalization #LegalVictories ๐๐ฐ$BNB $XRP
