The surge in the value of the XRP token comes amid speculation that the SEC may drop its legal case against Ripple Labs, the company that developed the XRP platform.

XRP, the native asset used by blockchain payments firm Ripple, has surged to a new 2024 high as investors anticipate pro-crypto developments in the United States under President-elect Donald Trump.

XRP secures the 4th spot in global crypto rankings as Ripple’s innovative vision sparks renewed enthusiasm. Explore the future of decentralized finance.

XRP, a cryptocurrency associated with Ripple Labs, has become the third largest crypto with a surge in market capitalization of $100 billion since the US presidential election on November 5. It now stands at around $137 billion having been less than $30 billion on election day.

The rise of XRP to a $140B altcoin is heavily influenced by the US political shift and notable development of the XRPL network.

XRP, a token linked to Ripple Labs Inc., has vaulted rivals to become the third-largest cryptocurrency in a $100 billion rally.

Ripple Labs' XRP Token has come up trumps post-election to become one of the world’s biggest cryptocurrencies. The currency leapfrogged Solana’s SOL and is now fourth behind only Tether’s USDT, Ether token and of course Bitcoin.

Ripple token XRP has surged past Tether (USDT) and Solana (SOL) to become the third-largest crypto by market capitalization.

XRP, which once was a powerhouse alongside Bitcoin and Ethereum, has returned to its place in the Top 3 ranks of the world's most valuable cryptocurrencies, following a four-year downtrend triggered by the SEC's lawsuit against Ripple.