David Schwartz, Ripple’s Chief Technology Officer, noted that it took him 12 years of being officially at the company for XRP to become the third-largest cryptocurrency.
XRP continued its strong run on Sunday. Rising more than 28%, the token hit a new multi-year high of $2.48.
Ripple-related cryptocurrency is in third place by market capitalization, ahead of stablecoin giant Tether (USDT) and “Ethereum killer” Solana (SOL).
The SEC’s lawsuit against Ripple nearly knocked Ripple out of the top 10 and reclaimed one of the top spots.
However, the controversial cryptocurrency still has a long way to go to overtake Ethereum (ETH), which currently has a market cap of $444 billion.
With a current market cap of $139 billion, XRP is larger than major companies such as Citigroup, Airbus, and Sony.
Despite jumping more than 30% in 24 hours, it is not the best performing cryptocurrency in the top 100. Hedera (HBAR) managed to surpass it with an eye-popping 42% increase…
Traders and O.G. Other altcoins EOS (EOS) and Litecoin (LTC) rose 20.5% and 20.2%, respectively.
XRP lags behind HBAR in terms of weekly gains (78% and 69% respectively).
However, there is another important catalyst for Ripple-related tokens.
Brad Garlinghouse, Ripple’s CEO, recorded an interview on “60 Minutes,” one of America’s leading TV shows.
In a recent social media post, Garling House confirmed that there is no official broadcast date yet.