Ripple, the blockchain payments company behind XRP, has achieved a significant milestone by ranking sixth in the Prime Unicorn Index, a benchmark that tracks U.S. private companies valued above $1 billion. With a valuation of over $26 billion, Ripple is the only cryptocurrency-focused entity on the list, which includes industry giants like SpaceX ($1.2 trillion) in first place, OpenAI ($917 billion) in second, and Anthropic ($332 billion) in third. The index, currently comprising 232 companies with a combined valuation exceeding $3.4 trillion, underscores Ripple’s standing among the most valuable private firms.
Despite the recognition, XRP’s price showed no immediate reaction, trading around $1.40—a decline of approximately 1.5% for the day. However, market analysts see potential for a rebound. Recent data indicates steady inflows into spot XRP exchange-traded funds (ETFs), suggesting that institutional investors like pension funds and hedge funds are increasing their exposure. This steady accumulation could provide underlying support for the token.
Renowned analyst Ali Martinez highlighted a technical signal: the TD Sequential indicator on the four-hour chart has flashed a buy signal. Martinez noted that the setup previously caught a local top on May 6, when a sell signal at $1.46 preceded a 5.5% correction. "Today, the indicator has flipped to a buy signal. To me, this suggests the local exhaustion is over, and XRP is ready to rebound," he said. Martinez also stated that a confirmed close above $1.45 could open the door to a rise toward $1.80.
