XRP Beats Solana To Become 4th Largest Crypto By Market Cap On Ripple’s RLUSD Stablecoin Approval Buzz

Payment-focused cryptocurrency XRP XRP/USD flipped Solana SOL/USD to become the fourth-largest cryptocurrency after a searing rally on Sunday.

What happened: The coin surged over 26% in the last 24 hours, reclaiming the $2 level after a gap of nearly seven years.  

The coin topped $136 billion in market capitalization, knocking Solana out of fourth place among the largest cryptocurrencies in valuation.

The latest rally has catapulted XRP’s year-to-date gains to 286%, significantly outpacing Bitcoin BTC/USD and Ethereum ETH/USD.

See Also: Ethereum Rally Gets Overshadowed By Searing Gains In Cheaper Plays: Why Are ENS And ETC Soaring Today?

The rally was spurred by a Fox Business report about the New York Department of…

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