2020 XRP is still in rank 2 and now XRP has dropped to rank 6 because at that time they had problems with the SEC, and 2021 bullish confirmend,
and now it's possible that we will see BNB also drop from rank 4 and maybe to rank 8 or 10, because BNB is also in trouble with the SEC,
and maybe 2024 bullish also confirmed ?, so yeah we're probably close to a bullrun.
XRP was not in rank #2 position, because you know BTC & ETH position always 1 & 2 in the market. If i'm not wrong XRP was hit ranked #2 but for short term when it new ATH was around 4$, whatever i think mostly old coins position are down day by day, because a lot of new coins are hyped and a few in top 20, so i think old coin can't keep their rank.