XRP Flips Tether (USDT) as $1.2 Billion Trading Volume Fuels Surge
In a stunning market shift, XRP has surpassed Tether (USDT) in market capitalization, securing its position as the third-largest cryptocurrency by market cap. According to CoinMarketCap, XRP now boasts a $153 billion valuation, edging past USDT’s $150 billion market cap.
Key Drivers Behind XRP’s Sudden Rally
The surge comes as South Korean exchanges report massive XRP/KRW trading volumes, exceeding $1.2 billion in 24 hours. Leading platforms Upbit and Bithumb are driving this momentum, with XRP/KRW pairs dominating 18%+ of their total trading activity.
Current XRP Price: $2.62-$2.63 (showing a bullish trend on the 4-hour chart).
Korean Market Influence: Strong local demand and fiat on-ramps are fueling XRP’s liquidity surge.
Solana (SOL) Also Makes Moves, Overtakes BNB
While XRP climbs, Solana (SOL) has also leapfrogged Binance Coin (BNB) to claim the #5 spot in market cap rankings:
SOL Market Cap: $93.9 billion
BNB Market Cap: $92.5 billion
Solana’s steady gains highlight growing investor confidence, while Bitcoin ($103,000+) and Ethereum (up 42% weekly) maintain their dominance.
Why Is XRP Surging? Market Sentiment & Key Factors
Korean Trading Frenzy – High liquidity and altcoin interest in South Korea are boosting XRP’s volume.
Ripple vs. SEC Developments – Positive legal progress may be restoring investor confidence.
Broader Crypto Rally – Bitcoin and Ethereum’s strength is lifting altcoins like XRP and SOL.
What’s Next for XRP?
If bullish momentum continues, XRP could target $3.00 resistance.
A pullback below $2.50 may signal profit-taking.
Watch Korean exchange flows – Sustained demand could keep XRP ahead of USDT.
Final Verdict: Is XRP a Buy Now?
XRP’s sudden flip over USDT suggests strong speculative interest, but traders should monitor:
✅ Korean trading volumes (sustainability is key).
✅ Ripple’s legal clarity (SEC case updates).
✅ Bitcoin & Ethereum trends (altcoins often follow).
For now, XRP’s breakout looks promising, but volatility remains high. Stay tuned for further developments!
