XRP News Today: Ripple XRP Surpasses BlackRock in Market Valuation Amid Legal Clarity and Institutional Adoption

Ripple’s XRP briefly surpassed asset management giant BlackRock Inc. in market valuation, marking a significant milestone in the cryptocurrency’s trajectory. According to CoinMarketCap data, XRP reached a market capitalization of approximately $176 billion, nearing BlackRock’s $187 billion valuation at the time [1]. This crossover came amid a broader bullish trend in the crypto market, driven by regulatory clarity and renewed institutional interest in digital assets.

A key catalyst for XRP’s surge was the recent dismissal of the U.S. Securities and Exchange Commission’s (SEC) long-standing lawsuit against Ripple. The ruling by the U.S. Court of Appeals for the Second Circuit cleared the path for Ripple to refocus on global expansion and product innovation. The company is actively pursuing a U.S. banking charter and operating licenses in multiple jurisdictions, further supporting XRP’s mainstream adoption [1]. Products such as Ripple USD (RLUSD) have played a crucial role in expanding XRP’s utility and acceptance in the financial ecosystem.

Institutional demand for XRP also surged following the lawsuit’s resolution. Several major asset managers, including Canary, CoinShares, Franklin, 21Shares, WisdomTree, and Bitwise, submitted amended S-1 filings for spot XRP ETFs with the SEC. These developments highlight a growing institutional shift toward digital assets, supported by evolving U.S. regulatory frameworks such as the proposed Clarity Act [1].

Trading data further underscores XRP’s momentum. Over the past 24 hours, the asset recorded $6.9 billion in traded volume. CoinGlass data also revealed a significant increase in XRP’s futures open interest, rising from $3.87 billion on June 25, 2025, to around $8.1 billion by August 25, 2025 [1]. Such figures reflect heightened speculative activity and market confidence in XRP’s future performance.

From a technical analysis perspective, XRP’s price has been retesting its 2018 all-time high and forming higher highs and higher lows, a classic sign of an ongoing upward trend. The price action has drawn comparisons to the 2017 crypto bull market, though this cycle appears more institutional in nature [1]. Analysts have noted that XRP could see further gains, potentially entering a parabolic phase of the broader bull market as institutional adoption accelerates [1].

Despite XRP briefly surpassing BlackRock, the crypto market has since experienced a correction, with XRP’s market cap slipping from a peak of $210 billion. Nevertheless, the crossover remains a landmark event, signaling a shift in how digital assets are perceived in the broader financial landscape. With regulatory clarity, institutional adoption, and global expansion efforts, XRP is increasingly being viewed as a serious contender in the financial markets [2].

Source:

[1] Coin Edition, Top Reasons Why Ripple’s XRP Flipped BlackRock in Market Valuation, https://coinedition.com/top-reasons-why-ripples-xrp-flipped-blackrock-in-market-valuation/

[2] Coinpedia, XRP Flips BlackRock as Price Holds $3 – Analysts Eye $5 to $8 Next, https://coinpedia.org/news/xrp-flips-blackrock-as-price-holds-3-analysts-eye-5-to-8-next/