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December 29, 2017 02:08 pm GMT

Ripple overtakes Ethereum as the second largest cryptocurrency

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After a period of tremendous growth, the banking-oriented cryptocurrency Ripple has overtaken Ethereum and is currently the second largest coin in terms of market cap behind Bitcoin. 

Ripple's price rose 42.7 percent in the last 24 hours alone according to CoinMarketCap, with its market cap surging to $73.6 billon. 

SEE ALSO: 2018 will be the year of Bitcoin's rivals

This is the first time a cryptocurrency has overtaken Ethereum since May 2017, when Ripple quickly surged in price before cooling off at the end of the month. Read more...

More about Bitcoin, Ripple, Ethereum, Cryptocurrency, and Tech

Original Link: http://feeds.mashable.com/~r/mashable/tech/~3/OsSaKGT5KeU/

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