XRP Surpasses USDT in Market Cap: A New Era for Altcoins?
XRP has made a notable move by overtaking USDT in market capitalization.This shift is a big deal in the crypto world.it shows that investors are becoming more interested in altcoins.
Usually, stablecoins like USDT lead in market cap as they offer fixed value and high liquidity. But XRP’s recent price surge has changed this. This could mean that more capital is moving into riskier assets.
Here are the key points:
- XRP now ranks above USDT in market cap.
- XRP is forming higher lows on the daily chart.
- There’s been a surge in spot trading volume.
XRP’s rise above USDT is a turning point. Historically, stablecoins have been at the top due to their role in trading and liquidity. Though,XRP’s strong performance and growing interest have pushed it ahead.
Charts show XRP forming a series of higher lows. The price stays above $2.16 and bounces near $2.60. This bullish pattern,along with increased volume,suggests momentum is building.
Interestingly, this rise isn’t due to bitcoin’s strength. It could be due to project-specific factors or growing interest in large-cap altcoins. With XRP now leading USDT,it signals a shift from stablecoins to assets with growth potential.
This could foreshadow broader altcoin rallies, especially with falling Bitcoin dominance. If XRP keeps its bullish structure and holds above key support, further gains are likely. A breakout above $2.60 could push it toward $3.00. This market cap flip may also boost altcoins, possibly starting a new altseason.
