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Recently, Ripple’s native token (XRP) saw a new jump in its market capitalization by reaching $147 billion. Although at the time of writing this note it has fallen to $141.5 billion, this does not prevent it from maintaining its new conquest. In that sense, the token surpassed Tether’s USDT stablecoin from third place overall on the CoinMarketCap list.
In this way, XRP is one of the most valuable currencies and is only surpassed by Bitcoin (BTC) and Ethereum (ETH). It is important to keep in mind that this is not the first time that this token is among the first. In the past, it held firm in third position and even spent time in second place after Bitcoin. During that period, (2014) it displaced Litecoin to third place.
In any case, the token is now recovering its position after several years relegated to more distant positions as a result of its legal situation. Although the token never left the top 10, its supporters are convinced that it would have left ETH behind if not for the SEC lawsuit. In 2020, the agency sued Ripple for trading in unregistered securities.
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Since that moment, the Ripple token (XRP) suffered a strong ebb that removed it from the top positions for almost half a decade. Now, conditions seem to finally smile on the firm and its currency.
XRP surpasses USDT in market capitalization. Source: CoinMarketCap
Ripple token will continue its rise in 2025
Although the XRP token is far from catching up with ETH, the growth rate of both suggests that conquest of second place should not be ruled out. Thus, in the XRP/ETH pair, the dominance of the Ripple currency in the last month is 72.75%, according to Messari. Meanwhile, in the last 90 days it reaches 159.26% and 132% in interannual terms.
The latter suggests that if XRP does not surpass ETH in 2025 in market cap, it will at least dramatically close the gap. Two important factors stimulate the new rise of the Ripple token. These are: the expected new stage of the SEC, which will grant victory to the firm in the dispute that has been going on for almost 5 years, and the launch of the RLUSD stablecoin.
This token could become a key piece in converting Ripple into a new cross-border payments system. By having a value anchored to the dollar, this stablecoin could gain ground in global payments, becoming an alternative to other similar currencies already established.
As you can see, the path seems clear for Ripple’s rise to continue in the coming years. Removing the burden of the SEC lawsuit could propel the company toward financial integration even beyond the borders of the Western Hemisphere.
This scenario could be reflected in the price of the XRP token, which could experience strong appreciation derived from growing demand. At the time of writing, the exchange value of the coin is $2.47 per token. For some analysts, it cannot be ruled out that it reaches $8 or $10 in the short term.
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