XRP Rises to 4th Place Amid Ripple’s Pro-Crypto Momentum
XRP has reclaimed its position as the fourth-largest cryptocurrency, surpassing Solana with a market cap of over $122 billion.
This rise reflects renewed investor confidence fueled by regulatory clarity and optimism around pro-crypto policies. A pivotal legal ruling in 2023 determined XRP is not a security in some contexts, driving its value upward.
Political shifts, including Donald Trump’s election and upcoming SEC leadership changes, have bolstered hopes for a crypto-friendly regulatory environment. Ripple’s CEO praised these developments as a turning point for innovation, signaling brighter prospects for XRP and the broader crypto market.
Clever Robot News Desk 3rd December 2024
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