XRP may surpass SOL to become the third largest cryptocurrency
The cryptocurrency market capitalization has soared to $3.43 trillion, while Bitcoin's dominance has dropped from 60% to 56%. A higher overall market cap combined with a declining Bitcoin dominance is usually seen as a sign of altcoin season.
In the last half month, Solana (SOL) market cap has remained relatively stable, while Ripple (XRP) has surged +70%. The current market cap gap between the two is now only $6 billion, and Ripple may become the third most valuable cryptocurrency.