Overtaking Tether to become the third-largest cryptocurrency by market capitalization is a significant milestone that XRP is subtly approaching. Right now XRP has a market capitalization of $133 billion, which is slightly less than USDT's $148 billion. Based on the momentum, this flip may occur sooner than most people anticipate. With a weekly gain of 8.82%, XRP is outperforming both Bitcoin and Ethereum in terms of percentage while maintaining a stable price of $2.28.

With a bullish alignment not seen in months, the asset is currently trading above the 50, 100 and 200-day EMAs after breaking out of a long-standing descending channel. It will be possible for XRP to run toward $2.50-$3.00 if it maintains this trend. This is even more important in light of the larger market structure. 

XRP/USDT Chart by TradingView

The majority of other altcoins are following suit as Ethereum is displaying relative strength near $1,835, and Bitcoin is consolidating around $95,000. However, XRP is unique in that, although a market that has not broken out yet, it is displaying resilience and trending higher with steady volume. Stablecoin Tether's market capitalization is growing solely due to issuance; it is not changing in value. Instead of minting, XRP is expanding through price appreciation. 

HOT Stories 123% Liquidation Imbalance Stuns Dogecoin Short Sellers Michael Saylor Stresses Bitcoin Scarcity With New Testament Tweet XRP on Verge of Overtaking Tether (USDT): $134 Billion 12,000,000,000 Shiba Inu (SHIB) Stun Major European Exchange

You Might Also Like
Tue, 04/29/2025 - 05:47 BlackRock’s Bitcoin ETF Attracts Nearly $1 Billion Worth of Inflows in One Day ByAlex Dovbnya

This gives it a genuine chance to surpass USDT on its own without requiring billions of dollars in fresh supply. Not only would it be a significant milestone in the charting process, but XRP's crossing that line would reaffirm its position as a premier cryptocurrency asset and probably attract institutional and retail investment back into the ecosystem. The fundamentals are starting to align with the technicals as there are currently 58.44 billion XRP in circulation and a trading volume exceeding $3 billion. 

The bottom line is that XRP is very close to overtaking Tether and taking back its top three position. If the current trend continues and the market stays risk-on, XRP may make headlines once more - this time for its strength and dominance rather than lawsuits or delays.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。