XRP to move to 3rd place by market cap

For XRP to reach the 3rd position in the market cap rankings, it would need to surpass Tether (USDT), which currently holds that position as one of the largest stablecoins in the market. Although XRP has recently surpassed Binance Coin (BNB), it still has a considerable way to go to compete with USDT, which has a significantly larger market cap due to its widespread use as a stablecoin in global markets.

Factors that could push XRP to the 3rd position:

1. Increased institutional adoption: The use of XRP in global transactions, especially with partnerships with banks and financial institutions, could increase its demand.

2. Favorable regulation: With the recent legal victory against the SEC, XRP has gained regulatory clarity in the US, which could attract more investors.

3. Positive market sentiment: Should the cryptocurrency market enter a new bull cycle, XRP could benefit, boosting its value.

4. Competitor issues: Regulatory issues involving other currencies, such as BNB or even USDT, could open up space for XRP to advance.

The cryptocurrency market is volatile and rapid changes are common. We will continue to monitor XRP's movements to see if it can achieve this goal.