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XRP Flips Tether in Market Cap Showdown—Briefly Claims Crypto’s Bronze Medal

XRP Flips Tether in Market Cap Showdown—Briefly Claims Crypto’s Bronze Medal

Author:
Coingape
Published:
2025-05-13 02:10:49
11
3

Ripple’s native token pulled off a fleeting coup this week—surging past stablecoin giant USDT to become the third-largest cryptocurrency by market cap. The rally lasted just long enough for traders to screenshot their portfolios.

Behind the pump: A perfect storm of bullish sentiment, speculative trading, and that age-old crypto favorite—hopium. XRP’s price jumped 12% in 24 hours as Ripple’s legal wins against the SEC continued echoing through the market.

Reality check: Tether reclaimed its position within hours. Because in crypto, even David only gets to be Goliath until the next whale moves. The episode highlights how thin the line remains between ’blue chip’ and ’altseason flavor of the week’ in this market.

Bonus jab: Meanwhile, traditional finance bros are still trying to figure out if XRP is a security, a currency, or a blockchain-based Rorschach test for regulators.

XRP made headlines in the crypto market after briefly overtaking Tether to become the third-largest cryptocurrency by market value. The price of XRP climbed back above $2.61 for the first time since March 6th, marking a strong recovery for the digital asset. However, at the time of writing, XRP has slipped back to the fourth position.

At the same time, market experts have noticed a positive change in XRP’s price charts. Over the past few months, XRP’s price was affected by a bearish divergence, which kept its growth limited. But in recent days, this pattern seems to have ended. 

The 3-day Relative Strength Index (RSI) for XRP has now moved above its previous levels, suggesting that the coin is gaining strength and could continue moving upwards.

XRP Price Analysis: Signs of a Bullish Breakout

On the daily chart, XRP is trying to break above a key resistance level around $2.45 to $2.46. However, to confirm a breakout, it needs to close a daily candle above this line. If it succeeds and manages to cross above $2.58 to $2.59, it could mean a major bullish trend. 

If that happens, XRP might not only rise in the short term but could also continue to perform well over the next few weeks or even months. On its way up, the price could face some hurdles around levels like $2.77, $2.95, $3.15, and $3.30.

XRP Adoption Continues to Rise in 2025

Apart from its price performance, XRP is also gaining popularity among investors. In 2025 alone, the number of XRP holders has increased by more than 11 percent.

The digital currency is also seeing more real-world use. It is now accepted as a payment method on Travala.com, travel booking website, making it even more appealing to users.

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