A latest report by CoinGecko discovered that Ripple’s cross-border token is the one cryptocurrency in addition to the market chief to stay among the many largest 10 cryptocurrencies yearly for a decade.
This got here regardless of the asset’s ups and downs, a few of which pushed it to new lows.
XRP Stays in High 10
Earlier than we delved deeper into the report, we’ve got a confession to make. It’s not likely a brand new report. It truly got here out over a month in the past, however we someway missed it. However, we nonetheless suppose it’s a enjoyable Sunday morning learn, so right here we go.
CoinGecko outlined that the cryptocurrency market has modified nearly past recognition since 2014. Lots of of initiatives entered and fell out of the highlight, as former trade heavyweights, resembling Peercoin, Namecoin, NXT, Sprint, EOS, and Litecoin, all spent years among the many prime 10 elite earlier than finally falling out.
This isn’t the case with Ripple’s XRP, although. The report analyzed annual market-cap snapshots between 2014 and 2026 and located that XRP is the one cryptocurrency (in addition to Bitcoin) to stay contained in the trade’s prime 10 each single yr. This streak spans 13 consecutive years and, except there’s a serious collapse in 2026, is more likely to shut its 14th yr quickly.
The asset managed to stay within the prime by way of the painful 2018 bear market, the COVID-19 crash, the Terra collapse, the FTX chapter, and maybe most impressively, Ripple’s years-long battle with the US Securities and Alternate Fee. This was notably threatening as XRP was delisted from numerous exchanges after the SEC’s offensive started, and it tumbled arduous instantly.
In the meantime, Ripple’s token just lately celebrated a one-year anniversary since its all-time excessive of $3.65 was marked final July. Nonetheless, it has dumped by 70% since then.
Completely different Crypto Market
BTC and XRP remaining inside the prime 10 cryptocurrencies by market cap for a few decade is among the many only a few constants. Every thing else, the report stated, has modified to its core. For instance, bitcoin’s market share accounted for roughly 87% in 2014. Now, it’s beneath 57% on CoinGecko.
Stablecoins have develop into a everlasting fixture inside the prime 10 and 20 alts, whereas alternate tokens like BNB have established themselves alongside conventional layer-1 networks.
This yr additionally marked one other milestone when Hyperliquid’s HYPE turned solely the second DeFi venture ever to enter the highest 10, overtaking Dogecoin.
The put up XRP Has Stayed in Crypto’s High 10 for 13 Straight Years – No Different Altcoin Has Performed This appeared first on CryptoPotato.