See the Complete Picture.
Published loading...Updated

XRP Flips Tether’s USDT By Market Cap Reclaiming 3rd Spot, Price Rally To $3?

  • In early May 2025, XRP's value rose 10% to $2.6, pushing its market capitalization to around $152 billion and surpassing Tether's USDT to rank as the third biggest cryptocurrency.
  • This rise followed optimism about a pending $50 million settlement motion between Ripple and the SEC announced last Friday, pending court approval.
  • Ripple also agreed in April to acquire Hidden Road for $1.25 billion to bolster financial services, while a separate $4-$5 billion bid for Circle was rejected due to valuation concerns.
  • XRP's market cap reached approximately $152 billion, edging past USDT's $150 billion, while trading near its highest level since March but remaining 24% below its $3.4 all-time high.
  • This market cap flip illustrates renewed investor interest in XRP and altcoins, potentially signaling broader bullish momentum if XRP breaks resistance above $2.60 with volume.
Insights by Ground AI
Does this summary seem wrong?
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

19 Articles

All
Left
Center
Right
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • There is no tracked Bias information for the sources covering this story.
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Crypto Briefing broke the news in on Monday, May 12, 2025.
Sources are mostly out of (0)

Similar News Topics