XRP has achieved a significant milestone by climbing back into the top 100 global assets by market capitalization, now ranking as the 88th largest asset worldwide. With a market cap of approximately $182 billion, XRP has surpassed major financial and corporate giants including BlackRock ($173 billion), Sony ($174 billion), Citigroup ($183 billion), Verizon, and Shopify.
This achievement comes as XRP reclaimed the psychological $3 price level amid a broader cryptocurrency market rally. The altcoin briefly rallied over 3% during the weekend before consolidating around $3.04 at the time of reporting.
Fundamental drivers behind XRP's growth include the imminent launch of the REX-Osprey XRP ETF, set to become the first U.S. fund providing institutional investors with spot exposure to XRP. This development is expected to inject new liquidity into the XRP ecosystem. Additionally, Ripple's On-Demand Liquidity (ODL) service has processed $1.3 trillion in cross-border transactions during Q2 2025, utilizing XRP as a bridge currency to reduce transaction costs by up to 70% and attracting partnerships with major institutions like Santander, Standard Chartered, and American Express.
Analyst predictions suggest further upside potential. Crypto analyst Ali Martinez predicts XRP could rally to $3.60 following a breakout above $3.05, while Dark Defender identifies $4.39 and $5.85 as Fibonacci target levels, which would mark new all-time highs for the cryptocurrency.
The growing ETF ecosystem also contributes to XRP's momentum, with 3iQ's XRPQ ETF in Canada surpassing CAD 150 million in assets under management. Several other U.S. XRP ETF applications from firms including CoinShares, 21Shares, Canary Capital, and Grayscale are under SEC review with decisions expected in October.