Someone wake me up from this nightmare
It was the third largest before, it makes sense for it to be 3rd largest now. I think they quietly worked on the tech and distribution, no?
> I think they quietly worked on the tech and distribution, no? No idea. We had a different story on here recently saying that XRP is a low volume network and that this is a good thing [1]. I thought that was a weird argument. But the most compelling argument in that piece was that the Trump election essentially removed a lot of regulatory uncertainty for Ripple, and therefore it is currently outperforming ETH, which is optimized to withstand regulator scrutiny, but doesn't gain from regulators embracing it. XRP seems to gain from it - 1: https://news.kiwistand.com/stories?index=0x674c4b72a6d200cba1bdb2ee30de8f15a9937744c474b02b3d5545e9f66661e553dc80d3&t=1733155063420
Ripple has been building and experimenting quietly for years. They have the best relations with trad fi institutions one can imagine. The only other party with similar relations is Coinbase. I do think Ripple is somehow playing 4D chess though. Comparisons with Solana and Eth fall short, because XRP is not about "a global computer" (different types of smart contracts, more focused on exchange of value).