XRP, a cryptocurrency launched by Ripple Labs Inc, has grown significantly in the past 7 days. These surges have brought the market cap to the third biggest after Bitcoin and Ethereum.

According to CoinMarketCap data on Nov. 02, XRP price has surged 27.72% from $1.8 to $2.3 at the time of writing. The price even meteorically increases by 365% from $0.51 in the past month, making them the top gainers along with Peanut (PNUT), Stellar (XLM), and Hedera (HBAR).

The price movement also made XRP’s market capitalization as the third largest in the world after surging 26% to $136 billion, surpassing Tether (USDT) and Solana (SOL) with $134 billion and $108 billion, respectively.

The tokens were also actively traded for about $26.41 billion, or an increase of 75% in a day. Earlier last week, XRP had already flipped Binance’s BNB after they reached $97 billion in market cap, while BNB was still on their $95 billion. Show Less