XRP’s market cap dominance has risen following the token’s recent resurgence above $1 for the first time in three years. Amid the spike to $1, XRP’s market valuation surged beyond $60 billion, allowing it to again become the sixth-largest crypto asset.

This has led to an increase in market dominance for the altcoin. Currently at 2.09%, XRP’s dominance has nearly doubled from its 1.05% low in June. 

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