XRP has now officially held its ranking as the world's second largest cryptocurrency by market capitalization for the longest period since 2016.
On Nov. 15, the market capitalization of XRP, a cryptocurrency long connected to San Francisco blockchain startup Ripple, reached $19.39 billion, enough to establish it as the world’s second largest cryptocurrency after overtaking ether (ETH), long the market's reigning number two asset.
This 11-day stretch is the longest XRP has spent at number two since it held the title for 13 days from Jan. 26 to Feb. 8 in 2016.