XRP News Today: XRP Market Cap Surges Past Major Firms as SEC Case Resolves, Hits $203.89 Billion

XRP’s market capitalization has surged past major global corporations, marking a pivotal moment in its ascent within the cryptocurrency sector. As of July 23, 2025, XRP’s market cap reached $203.89 billion, propelling it to the 91st largest asset globally [1]. This milestone follows a 71.6% monthly price increase reported by CoinGecko [1], enabling the token to surpass the valuations of well-known firms such as PepsiCo, AT&T, and Uber. The growth has positioned XRP as the third-largest cryptocurrency by market cap, trailing only Bitcoin and Ethereum, while outpacing traditional equities like Costco and Johnson & Johnson [1]. Analysts attribute the surge to a combination of regulatory clarity and increased institutional adoption, particularly in cross-border transactions.

The legal resolution of the U.S. Securities and Exchange Commission (SEC) case against Ripple, which concluded in March 2025 with a $125 million penalty, has significantly reduced regulatory uncertainty [1]. Ripple CEO Brad Garlinghouse highlighted this development as a catalyst for renewed investor confidence, alongside broader macroeconomic stability. Meanwhile, the XRP Ledger’s network activity has grown substantially, with over 7.22 million active addresses recorded [8], signaling heightened user engagement and transaction volume.

Despite its progress, XRP’s path to entering the top 10 global assets remains ambitious. To achieve this, the token would need a 735% price increase, according to InfiniteMarketCap data [1]. However, near-term targets appear more attainable, with a 5% rise sufficient to surpass McDonald’s, Shell, and American Express [1]. Analysts caution that cryptocurrency market caps differ fundamentally from traditional equities. Matej Janež of Oasis emphasized that crypto valuations are derived from speculative demand without legal claims on earnings, unlike publicly traded companies [1].

Speculative momentum has driven XRP beyond $3.60, a level last seen during its previous bull cycle. Some forecasts suggest the token could breach $4 or even $100,000 in extreme scenarios, though these projections remain untested [1][9]. The broader cryptocurrency market has also shifted toward altcoins, with XRP and BNB outperforming Bitcoin in recent sessions [2]. Institutional adoption, particularly for cross-border payments, has bolstered XRP’s credibility, while its low transaction fees and rapid processing times are highlighted as competitive advantages [1].

XRP’s trajectory, however, remains subject to volatility. Earlier in May 2025, it joined a broader market downturn amid macroeconomic uncertainties [4]. Recent rebounds are attributed to technical strength and speculative buying, though analysts stress that long-term success hinges on sustained regulatory clarity and systemic adoption. July 23, 2025, has emerged as a key date in speculative discussions, with some observers flagging it as a potential inflection point for further gains [9].

The cryptocurrency’s performance underscores the evolving role of digital assets in global finance. While XRP’s market cap milestone reflects growing influence, its valuation framework remains distinct from traditional markets. Investors and industry observers will continue to monitor its trajectory, balancing optimism with caution as it challenges established corporate valuations.

Source:

[1] [XRP Surpasses Major Corporations in Market Cap, Potentially Approaching Top 10 Assets July 23, 2025](https://en.coinotag.com/xrp-surpasses-major-corporations-in-market-cap-potentially-approaching-top-10-assets/)

[2] [Is Altcoin Season Coming? BTC Consolidates Below $120,000. Altcoins Outperform with XRP & BNB Hitting a Record High](https://www.fxstreet.com/cryptocurrencies/news/is-altcoin-season-coming-202507230920)

[4] [Why is Bitcoin, Ethereum, XRP in the Red Despite Rising Open Interest?](https://www.fxstreet.com/cryptocurrencies/news/crypto-today-bitcoin-ethereum-xrp-show-weakness-but-rising-open-interest-depicts-bullish-speculation-202507231200)

[8] [XRP Ledger Surpasses 7.22 Million Addresses as Network Activity Soars](https://coincentral.com/xrp-ledger-surpasses-7-22-million-addresses-as-network-activity-soars-traders-buy-xrp-rtx-by-the-boat-load/)

[9] [Expert Predicts XRP Could Reach $2,000 by This Date](https://timestabloid.com/expert-predicts-xrp-could-reach-2000-by-this-date/)