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XRP Skyrockets to $2, surpassing Solana

XRP Skyrockets to $2, surpassing Solana

Cryptodnes2024/12/02 01:44
By:Cryptodnes

XRP's market capitalization exceeded $117 billion at the time of writing, attracting the attention of analysts and investors.

It is now one of the best performing cryptocurrencies as it has gained over 47% in the last 7 days, crossing the $2 mark.

XRP has already overtaken Binance Coin (BNB) to become the fifth largest cryptocurrency, and on December 1, it overtook Solana , taking the position of the 4th largest cryptocurrency by market capitalization.

Other market observers share a rather optimistic view. Analyst “Egrag Crypto” predicts that XRP could reach $20-$27 if it repeats its 2017 bull run when it reached its all-time high (ATH) at $3.8.

READ MORE:
Crypto Market Set for December Dip Before Explosive Rally, Analysts Warn

XRP’s recent performance and its market capitalization of $117 billion mark a key milestone for the cryptocurrency. With targets ranging from $5 to $18 and growing investor confidence, it may be poised for a historic breakout.

The coming weeks will be crucial as XRP works to maintain its momentum and chase new all-time highs, attracting significant attention from the market.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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