XRP’s price has surged by 41.5% since the start of the year, today reclaiming its spot as the third-largest cryptocurrency. With multiple tailwinds lining up behind American crypto companies like Ripple, the XRP price is ready to fly.

The XRP price hit $2.96 on January 15, 2025, marking its highest level since December 2024. With a market capitalization now exceeding $167 billion, XRP now trails only Bitcoin and ETH on the BNC market cap table.

XRP climbed up the market cap table, overtaking Tether. Source: BNC

XRP roared past Tether USDt, which dropped to fourth place with a market cap of $137 billion. XRP’s sudden surge is being attributed to Ripple Labs’ key partnerships, new product launches like its stablecoin RLUSD, Source link