Ripple (XRP) surpassed Ethereum (ETH) to become the largest altcoin of market capitalization even today, on 6 November, after gaining 18% in 24 hours.
The CoinMarketCap data confirms the last rediscovered of the first two altcoin assets, repeating a pattern that occurred several times this year.
Overview of market capitalization. Source: CoinMarketCap
The XRP climbed higher over the weekend, when the markets reacted to a range of factors, including the new absorption of Ripple's xRapid platform, but it is unclear what specific factors have fueled the rally.
xRapid, the payment network that uses XRP as a means of transfer, was responsible for a previous bull run in September, which still saw Ethereum relegated to second place in the market capitalization ratings.
At press time, XRP / USD traded around $ 0.536, while ETH / USD earned a modest 1.7 percent in 24 hours to hit just above $ 212.