XRP Flips Solana, Topping $2 for First Time Since 2018 as Ethereum Price Hits 6-Month High
XRP continued its weekend surge into Sunday, popping above the $2.00 mark for the first time in almost seven years and flipping Solana by market cap, while Ethereum reached a six-month peak.
The price of XRP is currently sitting at $2.16 as of this writing, the highest price seen since January 2018 and the first time it's topped the $2.00 milestone in the same span. XRP is up 15% on the day, pushing its weekly gain to 54%. The asset has now quadrupled in price over the last 30 days, up 318% during that window.
At a current market cap of $134 billion, XRP has vaulted ahead of Solana to become the fourth-most valuable digital asset overall. Solana's market cap sits at about $112 billion, as of this writing.
As Decrypt covered yesterday and over the last few weeks, XRP is surging more than most major assets due in large part to optimism over its regulatory future. President-elect Donald Trump ran on a pro-crypto platform, and Securities and Exchange Commission (SEC) head Gary Gensler has resigned effective January 20, 2025, when Trump will be sworn in.
