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Ripple (XRP) Drops Market Cap, Ranks 7th in the Crypto World -Breaking

by Mike Robinson

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© Reuters. Market Cap for Ripple (XRP), Drops to 7th Place in Crypto World
  • Market capital has fallen to 7th position in XRP.
  • After XRP drops, Binance (BNB), Coin now ranks third.
  • BNB is closely followed by,, as well as, in terms of rank.

Although it has remained among the top three cryptos on the market for a long time, Ripple(XRP) is now the 7th largest cryptocurrency worldwide.

The XRP’s current rally comes amid how several other crypto projects have updated their market performance. Right after XRP suffered a dramatic drop, (BNB), is the 3rd-largest crypto market cap.

BNB (USDT), the fourth largest crypto is next to it. Its price value remains equal to $1. Coingecko has also set a $74 billion threshold for its market capitalization. Solana, (SOL) is currently in fifth place after USDT. She is also putting out an amazing performance.

Meanwhile, starting this month, Solana’s price revamped to a new ATH of $259 but the asset is presently trading at $194 in the market. Cardano (ADA), which is the sixth cryptocurrency by market capital, follows Solana.

It is interesting that, although the difference between these cryptos isn’t very large, it is clear that cryptos could still overtake them any minute. Many attribute the current XRP fall to the ever-ending Ripple SEC suit.

The report states that XRP has the potential to go exorbitantly high if Ripple prevails over the US SEC.

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