NEW: $XRP has just overtaken $USDT to become the third largest cryptocurrency by market cap,

$XRP flips $SOL and $USDT to become third largest crypto by market cap 🚀

There was a time, prior to the Hinman speech in June 2018 when the @SECGov deemed $BTC and $ETH non-securities under the “sufficiently decentralized” argument, that $XRP was actually the number two largest cryptocurrency by market cap behind $BTC. Following the speech, ethereum’s market cap overtook XRP’s in November 2018.

The so-called “Hinman emails,” obtained through discovery in the @Ripple case, showed some officials inside the @SECGov at odds with the speech’s content, worried about the implications it could have on the regulatory status of other cryptocurrencies.

Six years later, that regulatory status remains unclear.

What is next ????