XRP News Today: Crypto Market Surpasses 4,000 Billion Dollars, Driven by Bitcoin Dominance and Decentralized Exchange Growth

The crypto market has recently surpassed the significant milestone of 4,000 billion dollars in capitalization, a level not seen since the 2021 bull run. This surge is more than just a speculative rebound; it signifies a shift in capital towards major assets, renewed investor confidence, and a silent transformation of trading infrastructures. This milestone marks a new phase of maturity for the crypto ecosystem.

Bitcoin has confirmed its dominant position with over 62% of the market capitalization, absorbing the majority of incoming flows. Ethereum has also maintained and strengthened its position among key assets, with a market share of 10.8%. Together, these two assets now represent more than 70% of the total capitalization, indicating a return to values perceived as “safe havens” in an still volatile context.

XRP has shown spectacular growth, becoming the third largest market capitalization. This growth is driven by exceptional dynamics in Asian markets, particularly in South Korea, where trading activity on Upbit, one of the country’s main exchanges, has surged. The strong appetite of the Korean public for XRP, an asset historically appreciated for its volatility, low unit price, and direct liquidity via KRW pairs, has likely triggered a wave of momentum buying, amplified by easier access to fiat currency.

Beyond the price surge, there is a deeper trend: a gradual shift of trading volumes to decentralized platforms. While spot volumes on centralized exchanges (CEXs) dropped by 27.7% to 3,900 billion dollars in the second quarter, decentralized exchanges (DEXs) recorded a growth of 25.3%, reaching 876.3 billion dollars. This data indicates an increasing transition towards decentralization, both at the level of infrastructures and trading behaviors. The mutation goes beyond prices; it is the very market architecture that is evolving.

The performances of platforms like PancakeSwap, which captures 45% of DEX volume, and Hyperliquid, which concentrates 72.7% of decentralized derivatives volume, illustrate this rise in power. The perpetuals platform alone generated 653.2 billion dollars in volume in the second quarter. This dynamism fits into a context where disintermediation becomes a strategic axis, driven by the search for transparency, sovereignty, and reduced exposure to regulatory risks affecting CEXs.

This reshaping of the landscape has been reinforced by related events such as Circle’s IPO. Oversubscribed 25 times, the stock peaked at $298.99 shortly after its launch at $31. Although volatile, this IPO acted as a catalyst of interest for “points of convergence between crypto and stock markets,” showing a renewed institutional interest in hybrid models between traditional finance and crypto.

Crossing the 4,000 billion dollar threshold is not just a return to euphoria for markets. It also reveals a transformation in investment behaviors, a rise in decentralization, and the beginning of convergence between traditional finance and the crypto ecosystem. This structural evolution, more than a simple cyclical improvement, demands a multi-level reading. While Bitcoin, Ethereum, and XRP still dominate volumes, it’s the DEXs, hybrid models, and new forms of market access that shape the future. At a time when institutional attention awakens, the crypto market seems to enter a phase of maturity… without giving up its disruptive capacity.