#ETHOnTheRise

XRP Pumps Over 360% And Overtakes USDT By Market Cap

XRP has become the world’s third-largest cryptocurrency by market cap, overtaking Tether’s USDT. Its price has over surged 365% over the past month to around $2.47, driven by optimism around the departure of Gensler in January and a potential resolution to Ripple's legal battle with the SEC.

XRP's rally also aligns with rumors that Ripple’s RLUSD stablecoin could launch soon, pending regulatory approval.

With a market cap of $141.8 billion, XRP is now closer to its all-time high of $3.40 than it has been in nearly seven years.

Source: Decrypt & The Block