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XRP cryptocurrency has reclaimed its position as the third-largest cryptocurrency by market capitalization, surpassing Binance Coin (BNB) with a market cap of $158Bn. The token's surge is attributed to the emergence of Evernorth, a digital asset treasury initiative aiming to accumulate and deploy XRP at scale, and the expansion of Ripple into enterprise payments and the growth of RLUSD stablecoin. The XRP ETF race is also accelerating, with several firms submitting amended S-1 filings in response to SEC feedback.

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