#XRP the Ripple cryptocurrency designed for cross-border payments has experienced explosive growth in November, consolidating itself as the third largest cryptocurrency by market capitalization. This rise comes after a rally of 298% in just 30 days, underscoring its renewed strength in the crypto ecosystem.

Impressive Increase in Market Capitalization

According to CoinMarketCap, XRP has reached a market capitalization of 136 billion, surpassing BNB, the token of the Binance ecosystem, which now ranks sixth with a valuation of 94.422 billion.

Quantfury

At the beginning of November, XRP was in seventh place in the cryptocurrency ranking. However, its price went from 0.491 on November 1 to a high of 2.40 on November 30, marking one of the largest monthly gains in the market.

XRP is now above Solana (SOL), which holds the fifth position with a market capitalization of 113.416 billion. Solana, a layer one blockchain and rival of Ethereum, represents the next target in XRP's growth. #MarketRebound $XRP