Ripple Roars Past $3 to Become Second Most Valuable Digital Currency

By JEFF JOHN ROBERTS 2:03 PM EST
The new year has already brought some surprises on the cryptocurrency front, but the biggest one is about Ripple: In the last 24 hours, the currency has climbed around 25% to break $3 and lock up second place behind bitcoin.

Ripple’s recent run is remarkable in part because it has eclipsed Ethereum, which was long the number two digital currency, and considered to be the only real rival to bitcoin.

Here is a screenshot from Coinmarketcap that shows the new pecking order as of early Wednesday afternoon ET:
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