XRP (Ripple) returns to the spotlight with an impressive surge. After a 31.5% price increase since the beginning of 2024, XRP’s market capitalization has surpassed that of the asset management giant BlackRock, positioning itself as the third largest cryptocurrency in the world.
XRP (Ripple) returns to the top 3 of cryptocurrencies
With a price that reached $2.89 in January, XRP surpassed Tether USD (USDt) in terms of market capitalization, securing the third place behind Bitcoin (BTC) and Ethereum (ETH).
Currently, the capitalization of XRP exceeds 159 billion dollars, distancing Tether (USDT), which ranks fourth with a value of 137 billion dollars.
This performance marks a significant comeback for XRP, whose value had remained stagnant due to regulatory uncertainties related to the Ripple-SEC case. However, the improvement in market sentiment and technological innovation have breathed new life into the project.
Among the factors that have contributed to the rise of XRP are highlighted:
- New products from Ripple Labs, such as the recent launch of the stablecoin RLUSD.
- The prospect of a spot ETF on XRP, which could attract billions of dollars in new investments, according to estimates by JP Morgan.
- The exit of the SEC chairman, Gary Gensler, scheduled for January 2025, which could lead to a more favorable regulatory framework for cryptocurrencies.
Furthermore, the announcement of pro-crypto policies from the Trump administration, which will take office on January 20, has fueled investor optimism.
XRP surpasses BlackRock
In addition to dominating the cryptocurrency rankings, XRP has achieved another significant milestone: it has surpassed BlackRock, the largest asset manager in the world.
With a current market capitalization of 149 billion dollars, BlackRock has been surpassed by XRP, which has reached a higher valuation of 9.46 billion dollars.
This comparison highlights the growing importance of the crypto sector, capable of competing with giants of the traditional economy like Disney and BlackRock.
The analysts remain optimistic about the future of XRP. According to forecasts shared by BitBelleza, a well-known industry analyst, the price of the cryptocurrency could reach $4 or $5 in the short term, and up to $27 by the end of 2025, thanks to factors such as:
- The approval of the spot ETF.
- The regulatory stability in the United States.
- The growing adoption of Ripple’s blockchain technology for cross-border payments.
The future of XRP
With a solid technological base and renewed interest from investors, XRP confirms itself as one of the most influential cryptocurrencies in the bull market.
Its ability to surpass financial giants like BlackRock represents not only a turning point for the Ripple project, but also a signal of the transformative potential of cryptocurrencies in the global economy.
The renewed interest in XRP, fueled by technological developments, strategic partnerships, and the prospect of more favorable regulation, highlights the potential of this cryptocurrency as a leading solution for cross-border payments.
With a capitalization that has already surpassed 159 billion dollars and growing support from the investor community, XRP could continue to be a benchmark for the crypto sector in the coming years.
Source: https://en.cryptonomist.ch/2025/01/16/xrp-ripple-enters-the-top-3-of-cryptocurrencies-and-surpasses-blackrock-in-market-capitalization/