XRP Surpasses Solana and Tether to Become Third Largest Crypto
XRP has overtaken Solana and Tether to become the third largest cryptocurrency, rising 25% to $2.4 on December 2. With a market cap of $140 billion and strong trading volume, its recent surge is driven by U.S. political changes and expectations of a legal resolution with the SEC. The price jump also follows the liquidation of $50 million in short positions, while Ripple unlocked 1 billion XRP from escrow and large withdrawals occurred on exchanges.