XRP Briefly Overtakes Tether to Become 3rd Largest Cryptocurrency
XRP has been making waves in the cryptocurrency market recently, with its price surging above $2.61 for the first time since March 6th. This marked a significant recovery for the digital asset, briefly overtaking Tether to become the third-largest cryptocurrency by market value. However, as of the latest update, XRP has slipped back to the fourth position.
Market experts have observed a positive change in XRP’s price charts, signaling a potential bullish breakout. In recent days, XRP has shown signs of overcoming a bearish divergence that had previously limited its growth. The 3-day Relative Strength Index (RSI) for XRP has moved above its previous levels, indicating that the coin is gaining strength and could continue its upward trajectory.
On the daily chart, XRP is currently attempting to break above a key resistance level in the range of $2.45 to $2.46. To confirm a breakout, XRP will need to close a daily candle above this level. If successful, crossing above $2.58 to $2.59 could signal a major bullish trend. This potential breakout could lead to short-term price increases, with key resistance levels at $2.77, $2.95, $3.15, and $3.30.
In addition to its price performance, XRP is also experiencing a rise in adoption among investors. In 2025 alone, the number of XRP holders has increased by over 11 percent. The digital currency is gaining traction as a payment method on platforms like Travala.com, a travel booking website, further enhancing its appeal to users.
Overall, XRP’s recent price surge and growing adoption indicate a positive outlook for the digital asset. With potential bullish signals on the horizon, XRP could see further growth in the coming weeks and months. Investors and enthusiasts will be keeping a close eye on XRP’s price movements and adoption trends as the cryptocurrency continues to make headlines in the crypto market.
