Ripple’s XRP has emerged as one of the top five cryptocurrencies by market capitalization for the first time, amid bullish market sentiment. At $99 billion, XRP surpassed Binance’s BNB Coin BNB and its market cap of $94 billion during a crypto market surge on Friday, November 29. XRP is currently the fifth largest cryptocurrency, after Bitcoin (BTC), Ethereum (ETH), Tether. (USDT) and Solana (SOL). Among the many factors that could potentially lead to this increase are the departure of Gary Gensler as chairman of the US SEC and increasing rumors about the launch of Ripple’s stablecoin and XRP ETF news. It is currently trading at $1.74, up more than 17% in the last 24 hours.
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