en.bitcoinsistemi.com
While there has been movement in Bitcoin (BTC) and altcoins in recent days, some altcoins, led by Ethereum ($ETH), have positively diverged from the market.
At this point, $ETH maintained its second place with its unexpectedly huge rise, increasing by 44% in the last 7 days, while $XRP, which has been the shining star of recent months with its rally after Trump's victory, moved into third place with a 20% increase.
There have been changes in the top 10 rankings on Coinmarketcap. Accordingly, $XRP has left Tether ($USDT) behind with a remarkable performance.
According to data, $XRP gained 20% in just one week, bringing its market value past $150 billion.
$XRP has now moved up to the 3rd spot in the top 10 cryptocurrencies rankings, surpassing $USDT.
As $XRP displaces Tether, $XRP Futures Open Interest has increased by over $1 billion in the past week, rising from $2.42 billion to $3.42 billion (+41.6%).
Glassnode noted that this sharp increase in leverage coincided with a price rally from $2.14 to $2.48, indicating increased speculative activity and bullish sentiment.
According to Coinmarketcap data, $XRP's market value is $151.2 billion, while Tether's market value is $150.3 billion.
Tether ranks 4th with a market value of $150 billion, followed by Solana (SOL), Binance Coin (BNB), USDC, Dogecoin (DOGE), Cardano (ADA) and Tron (TRX) respectively.
*This is not investment advice.