The market cap of $XRP has surpassed $100 billion, surpassing Binance’s $BNB to become the fifth-largest cryptocurrency. The milestone marks a strong comeback for Ripple and the XRP community, three years after an SEC lawsuit shook the digital asset’s foundation.
The lawsuit, filed in December 2020, accused XRP of being a security — a claim Ripple has vigorously disputed. John E. Deaton, a key advocate for XRP holders, noted the significance of the milestone , tying it to Ripple’s resilience in the face of overregulation. As the court seeks to expedite a final ruling on the case, XRP’s rise signals a restoration of trust in the asset and its ecosystem. $ADA