XRP, the cryptocurrency associated with Ripple, has seen significant price movement recently, regaining its position as the third-largest cryptocurrency by market capitalization. It accomplished this by surpassing Tether (USDT) and Solana, achieving a price point of $2.
This recent momentum marks a critical recovery for XRP, reaching its status before Ripple started facing its legal struggle with the SEC. The reinvigorated market presence has generated optimism among investors and traders.
Notably, journalist Eleanor Terrett from Fox Business underscored the challenges XRP faced during the legal proceedings, which makes its recent achievement even more noteworthy. The overall market dynamics and Ripple's legal saga have been instrumental in this comeback.
