$XRP Surges Past $100B Market Cap, Flips Solana in Dramatic Rally ๐
XRP has achieved a remarkable milestone, overtaking Solana to become the third-largest cryptocurrency by market capitalization ๐
The digital asset demonstrated exceptional strength against $SOL , surging 250% in just four weeks. This unprecedented move caught many market participants off guard, particularly after Solana's strong performance earlier in the cycle. ๐
Key Catalysts:
- Reports of SEC Chair Gary Gensler's potential resignation by January 2025
- Growing institutional interest with increased whale activity
- Strong technical momentum on major charts
Technical analysis suggests caution at current levels, with the weekly RSI showing overbought conditions. Key support levels to watch include $2.36 and the previous cycle high of $2.00. โ ๏ธ
This flip marks a significant shift in market dynamics, showcasing XRP's resilience amid regulatory clarity improvements. ๐ซ #XRPReclaimsTop3 #XRPTrends #bullish