Ripple’s XRP has surged forward in the cryptocurrency rankings, becoming one of the top five cryptocurrencies by market capitalization. With a value reaching $97 billion, XRP has overtaken Binance's BNB Coin, which stands at a $95 billion market cap.
This significant increase occurred amidst bullish market sentiment on Friday, November 29. The rise in XRP's value has pushed it to become the fifth-largest cryptocurrency, trailing only behind major players like Bitcoin (BTC).
XRP's performance is reflective of a broader surge across the crypto market, marking a notable moment for investors and analysts observing market trends. The effects of this shift continue to evolve, presenting potential opportunities and challenges within the crypto space.