Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ripple’s XRP has officially broken into the top 100 global assets by market capitalization, a milestone that places it alongside some of the world’s most valuable companies like Shopify, Intuit, and Deutsche Telekom.
According to the latest data, XRP holds a market cap of around $181.2 billion at a price of $3.02 per token, ranking it above 100th on the global leaderboard. More notably, XRP has managed to join this exclusive list without the backing of a regulated spot ETFin the United States, unlike its crypto counterparts Bitcoin and Ethereum, which are also on the list of the largest global assets. Related Reading Bitcoin’s Next Stop For 2025? $175,000, According To SOL Strategies Boss 3 days ago XRP Joins The Rank Of World’s Top Assets
At the time of writing, XRP is the 97th largest assetby market cap, the third cryptocurrency in the list behind Bitcoin at 7th and Ethereum at 22nd. XRP’s climb to this milestone can be traced to a wave of inflows that have been pouring into the asset in recent months. The scale of these inflows has been enough to push XRP’s market cap above BNB and stablecoin Tether USDT, making it the third-largest cryptocurrency by market capitalization.
Institutional and retail investors have been drawn to XRPfollowing the conclusion of its legal battlewith the US Securities and Exchange Commission. This confidence, combined with the larger crypto market bullishness, has seen the XRP price establish a new support base at $3. XRPUSD now trading at $3. Chart: TradingView
Crossing into the ranks of the world’s top 100 assets shows how XRP is faring compared to companies outside the cryptocurrency market. At its current valuation, XRP is now on the tails of some of the most recognized global corporations, like Verizon, Texas Instruments, Shopify, and Intuit.
Top assets by market cap: CompaniesMarketCap The Case For More Growth With A Spot XRP ETF
Bitcoin and Ethereum have gained tremendous institutional tractionin the past 18 months or so through the launch of regulated spot ETFs in the United States. XRP, on the other hand, has reached its current standing without such an instrument. Therefore, XRP’s present milestone may be just the start of a much larger climb.
The absence of ETF-driven inflows means that XRP has significant untapped potential waiting to be unlocked through financial institutions like BlackRock, Fidelity, and Grayscale once regulatory approval fora Spot XRP ETF arrives in the US. Such a trading instrument would open the door for large-scale institutional investors who have so far been restricted in accessing XRP exposure. Related Reading Crypto Strategist Sounds The Alarm: Bitcoin Surge Could Clash With Fed Reserve Goals 2 days ago
If the same inflow patterns seen in Bitcoin and Ethereum ETFs are seen again with XRP, its market capitalization could easily push past its current peers in the top 100 global asset rankings alongside its price.
At the time of writing, XRP is trading at $3.04. Expectations tied to the eventual approval of Spot XRP ETFs stretch from moderate projections of$4 to ambitious forecasts of as high as $1,000.
Featured image from Unsplash, chart from TradingView