XRP is approaching Solana’s market cap, spurred by recent positive developments. The cryptocurrency has seen a notable surge, mainly due to advancements in legal clarity concerning its status. This has led to increased confidence among traders and investors.
Additionally, the rise in XRP’s market cap is also attributed to heightened interest from large investors or 'whales'. This group’s activity has significantly impacted the trading volumes, leading to a 37.3% increase in XRP's price.
This upward movement in XRP positions it closer to surpassing Solana, reflecting its strong performance amid favorable legal conditions and active market participation.
