Ripple Labs' XRP Token has come up trumps post-election to become one of the world’s biggest cryptocurrencies.The currency leapfrogged Solana’s SOL and is now fourth behind only Tether’s USDT, Ether token and of course Bitcoin.

Ripple token XRP has surged past Tether (USDT) and Solana (SOL) to become the third-largest crypto by market capitalization.

XRP, which once was a powerhouse alongside Bitcoin and Ethereum, has returned to its place in the Top 3 ranks of the world's most valuable cryptocurrencies, following a four-year downtrend triggered by the SEC's lawsuit against Ripple.

Ripple's XRP has managed to surge past $2 after what felt like an eternity, sitting at exactly $2.10 as of press time. Not only that, but the coin has managed

XRP has “outrun” Solana (SOL) and Tether (USDT) to become the third largest crypto following a 379% surge on its monthly price chart.

XRP, a token linked to Ripple Labs Inc., has vaulted rivals to become the third-largest cryptocurrency in a $100 billion rally.

The surge in the value of the XRP token comes amid speculation that the SEC may drop its legal case against Ripple Labs, the company that developed the XRP platform.