Rippleโs XRP just surpassed Solana in market cap! ๐ As of December 1, 2024, XRP managed to become the fourth-largest cryptocurrency with a market cap of over $122 billion, while Solana was at $111.9 billion. ๐ฅ
XRPโs price has surged to $2.19, hitting a seven-year high! ๐ This surge was driven by a number of factors, including new partnerships, Rippleโs product developments, a possible XRP ETF, and rumors that Elon Musk might invest heavily in XRP. ๐ฐ
November was a busy month for Ripple, with multiple XRP ETF filings from asset managers like 21Shares and WisdomTree. ๐ Additionally, Ripple also launched its first tokenized money market fund on the XRP Ledger. ๐ณ
With all these developments, XRP seems to be on track for further growth! ๐ Investors are very optimistic, especially with the upcoming SEC leadership change. ๐
