- @Ripple's $XRP appears to be at the top of the food chain among the biggest beneficiaries of Trump's election, amongst all other positive developments in the crypto space.
- Most recently, the crypto asset surpassed $BNB to become the fifth largest asset by market cap, sparking a huge frenzy within the Ripple community.
Key Highlights:
- Perhaps the surprise is that XRP has been bouncing between $28B and $30B since the SEC's legal troubles.
- Currently, the market cap is $96.93B, representing an increase of over 200% in the last 30 days. BNB, on the other hand, has only been up by 10% in the past month, with a market cap just shy of $95B.
- The current sentiment is that XRP is on track to surpass SOL by market cap. However, to achieve this feat, the asset must reach its 2018 all-time high of $120B market cap—of course, provided that SOL also drops significantly.
- While BNB faces challenges in the crypto market, XRP's rise could indicate its incoming market dominance.
