XRP joins world’s top 100 assets at $180B market cap after cross

• XRP hits 99th largest asset by market cap at over $180 billion, passing $3 price mark.
• Fed’s rate cut hint and Ripple-SEC lawsuit dismissal fuel XRP’s recent price surge.
• Analysts see XRP climbing to $3.21, driven by ETFs, partnerships, and ledger upgrades.

XRP just made it into the top 100 assets in the world, landing at number 99 with a market cap of a little over $180 billion. It’s a big deal since the coin broke past the $3 mark, which has people excited. There are some solid reasons to think XRP’s got more room to climb, and people are watching closely.

What’s Driving XRP’s Climb

According to Companies MarketCap, XRP, now trading just above $3, sits right above CATL but below Pinduoduo and Deutsche Telekom. It’s one of only three cryptos, along with Bitcoin and Ethereum, in the top 100.

The price popped after Jerome Powell’s Jackson Hole speech, where he hinted at a possible rate cut in September. Plus, a U.S. Appeals Court just okayed dropping the Ripple SEC lawsuit, which had been a big weight on XRP. Analyst CasiTrades thinks it could hit $3.21 soon, a level to watch, but says it’ll likely keep going up after a quick pause, maybe dipping to test $3.168.

Crypto commenter Altcoin Gordon’s hyped, saying XRP’s ready to bust through an eight year slump against Bitcoin. He points to upcoming XRP ETFs, Ripple’s partnerships, the lawsuit wrapping up, and upgrades to the XRP Ledger as big drivers.

Lawyer Bill Morgan chimes in, saying XRP’s been a top three coin before and only got knocked down by the lawsuit. He’s seeing more big players using it, new ways to earn yields, and XRP getting a bigger role in traditional finance. All this makes it look like XRP could keep rising, both in price and where it ranks among the world’s assets.