Could Ripple (XRP) Re-Enter Top 3 Cryptocurrencies By Market Cap?

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Ripple's XRP token has moved to regain its third place in market value. The value of the coin has increased by about 20% in the last 24 hours and about 128% compared to last week. As can be seen in the table below, XRP is separated from BINANCE Coin (BNB) in 3rd place with a market value of $ 9.238 billion and ranks fourth.

XRP has climbed to 4th place since the beginning of April, surpassing crypto notable coins such as Uniswap, Litecoin, Cardano, Polkadot and Tether.

 

At current market capitalization levels, XRP must have a value of over $ 1,595 to pull Binance Coin (BNB) back from the 3rd rank.

It is worth noting that Binance Coin has had an impressive performance since its $ 225 value on March 25. This shows that the value of Binance Coin increased by 108% in about 2 weeks. If XRP is able to maintain its current bullish momentum and BNB initiates a correction move after the hard bullish, XRP could have an opportunity to reclaim # 3.

It's also worth noting that the XRP community is optimistic that the ongoing SEC lawsuit against Ripple will soon end. In the latest update of the case, Ripple won a win against the SEC after the court rejected Ripple's request for financial records of Ripple's current and past CEOs. Judge Sarah Netburn accepted Ripple's request to keep its financial records confidential. Such progress in the case has led to optimism that the case will soon end with a settlement and / or fine.

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