XRP Crypto Asset Reaches a Market Capital of $203.89 Billion, Ranking 91st Globally and Approaching McDonald's.
XRP is experiencing an impressive growth with its market capital reaching $203.89 billion, placing this crypto asset at 91st position in the global asset ranking according to InfiniteMarketCap. With a 71.6% increase over the past month, XRP has surpassed many large corporations such as PepsiCo, AT&T, Uber, BlackRock, Boeing, and Nike. The supporting community believes that this crypto asset will continue to climb and may enter the top 10 global assets sooner than expected.
XRP is currently the third-largest crypto asset in the world, following Bitcoin and Ethereum in the digital asset ecosystem. For comparison, Ethereum is ranked 29th globally, surpassing companies like Costco and Johnson & Johnson, while Bitcoin is currently the 6th largest global asset, behind Amazon and above Alphabet - Google's parent company.
This breakthrough occurred after XRP reached a new historical peak for the first time in 7 years, marking the end of a 5-year legal battle with the US Securities and Exchange Commission (SEC). The SEC had accused Ripple and two leaders of selling unregistered securities through XRP. Ripple's CEO Brad Garlinghouse even declared in March that "the battle is over", despite the $125 million fine not yet being finalized.
Growth Prospects and Expert Warnings
Since President Trump's re-election in November 2024, XRP's price has surged 585.8% from $0.503 to $3.44. This development was driven by a crypto-asset-friendly administration and relaxed regulatory oversight. MackAttackXRP, a member of the "XRP Army" support community, believes XRP will continue to grow due to its intrinsic value and become a global payment standard replacing the traditional banking system.
For XRP to enter the top 10 largest global assets, it needs to increase by over 735% assuming other assets do not fluctuate in value. However, with a more feasible short-term goal, XRP only needs to increase by about 5% to surpass McDonald's, while also overtaking Shell and American Express.
Matej Janež, Cooperation Director of the crypto asset security company Oasis, warns against equating the market capital of a listed company with a crypto asset. He emphasizes that a public company's capital reflects the total value of legally entitled shares to profits and assets, while crypto asset capital is merely price multiplied by circulating tokens. Both demonstrate speculation levels, but only stocks come with enforceable benefits like dividends and remaining assets.
