XRP Stuns the Crypto World, Overtakes USDT with $1.2B in 24 Hours

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Well, folks, it happened. XRP just decided to say, “Why not?” and went ahead and knocked Tether (USDT) off its high horse in market cap. Yep, that’s right. XRP has officially moved into third place globally, with a market cap topping $153 billion—just barely edging out USDT’s $150 billion. It’s like a little crypto game of musical chairs, and USDT’s chair was yanked away in the blink of an eye. 😂

So, what’s the deal here? Turns out, it’s all about South Korea, folks. The trading volume across major Korean exchanges—mainly Upbit and Bithumb—has gone through the roof. A cool $1.2 billion in XRP/KRW trading in just 24 hours. That’s a lot of money, right? Of course it is. I’m not exactly sitting on a pile of cash here to casually toss around, but $1.2 billion is *something.* And the real kicker? XRP/KRW has made up over 18% of the volume on these exchanges. Talk about dominance. 🎯

Meanwhile, XRP is floating around at $2.62-$2.63 right now. There’s a little upward momentum—because why wouldn’t there be? It just steamrolled over USDT, and now it’s showing off. Take a look at the chart! Up and to the right, just how we all like it. 📈

Now, while XRP is out here breaking records, Solana (SOL) decided to crash the party by overtaking Binance Coin (BNB) and grabbing the fifth spot in market cap. Solana is now at $93.9 billion, compared to Binance’s $92.5 billion. It’s all getting a bit crowded at the top, huh? But hey, Solana’s been on a tear lately—gains every day. Must be nice to have a good week for once. 🙄

Meanwhile, Bitcoin’s still hanging on at number one, just chilling above $103,000, like it doesn’t even care. Ethereum’s in second, with an impressive 42% weekly growth. Yeah, that’s nice too. But, folks, the real drama’s in the rise of XRP. And let’s be honest, the main reason for all this? The Korean market is just eating it up. Fiat on-ramps and local altcoin interest are driving these insane trading volumes. The demand is real, people. 💸

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2025-05-14 15:00