XRP Flips USDT in Market Cap Surge—$3 Target Looms as Altcoin Frenzy Heats Up
Ripple’s XRP just bulldozed past Tether’s USDT in market capitalization—crypto’s sleeping giant wakes hungry. Traders now eye the $3 price target as altseason signals flash green across exchanges.
Behind the surge: Whale accumulations, a fading SEC lawsuit overhang, and that classic crypto FOMO cocktail. Meanwhile, Bitcoin maximalists scoff from their diamond-handed thrones.
Word to the wise? When stablecoins get dethroned by volatile assets, either the revolution’s here—or the leverage is getting dangerously spicy. (But hey, what’s a bull market without a few margin calls?)
Key technical points
- XRP Market Cap Overtakes USDT: XRP now ranks above the top stablecoin
- Technical Structure: XRP maintaining higher lows on the daily chart
- Volume Influx: Surge in spot trading volume confirms rising investor interest
XRP’s rise above USDT in market cap marks a pivotal moment. Historically, stablecoins like USDT have occupied high positions on the leaderboard due to their utility in trading and liquidity provisioning. However, XRP’s strong price performance and increasing accumulation have pushed it ahead, suggesting renewed investor confidence in the asset.
Looking at the charts, XRP has been forming a clean series of higher lows. The price has remained above its key support zone NEAR $2.16, bouncing into resistance levels around $2.60. This bullish structure has coincided with an uptick in daily volume, a key signal that momentum is building and traders are positioning themselves ahead of a potential breakout.
What makes this more significant is that the broader market hasn’t experienced a dramatic surge. This indicates that XRP’s rise is not just a passive lift from Bitcoin’s strength but could reflect project-specific catalysts or growing investor interest in large-cap altcoins. With XRP now commanding more market share than USDT, the signal is clear: capital is rotating out of stablecoins and back into assets with upside potential.
This shift often foreshadows broader altcoin rallies, especially when paired with falling Bitcoin dominance. If the trend holds, XRP may not only retain its new rank but also inspire similar moves across the altcoin space.
What to expect in XRP’s market cap
If XRP maintains its current bullish structure and holds above key support, further upside is likely. Watch for a breakout above $2.60 with volume, this WOULD validate continuation toward $3.00 and beyond. The flip in market cap rankings may also serve as a psychological boost for XRP and altcoins more broadly, potentially ushering in the next phase of altseason.
