XRP's value has surged to $2.37, outpacing USDT and Solana in market capitalization, now at $135.37 billion. This rise aligns with a reclamation of its pre-SEC lawsuit valuation, suggesting market confidence in XRP’s potential amidst its legal challenges.
The market's optimism appears to be driven by the anticipation of favorable regulatory outcomes and possible new partnerships for Ripple. The previous uncertainty sparked by the Hinman emails is countered by these positive developments.
Overall, the market speculation and strategic opportunities for growth have significantly boosted XRP's standings.