XRP has surged 10% over the past 24 hours to reach $2.6, lifting its market capitalization to approximately $152 billion and reclaiming its position as the third-largest crypto asset.

The surge narrowly pushed Ripple’s flagship currency ahead of Tether’s USDT, which also achieved a major milestone. USDT’s market cap hit $150 billion for the first time on Monday, cementing its role as the leading and most widely used stablecoin in the crypto ecosystem.

XRP is now trading at its highest level since early March, though the digital asset remains about 24% below its all-time high of $3.4, set in January 2018.

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