XRP News Today: XRP Breaks Into Top 100 Financial Assets—What Does It Mean for Crypto’s Future?

Ripple’s XRP has achieved a significant milestone by entering the top 100 global financial assets by market capitalization, reaching a valuation of approximately $180 billion. This development positions the cryptocurrency alongside well-established companies such as Allianz SE, Accenture, and Boston Scientific. The surge in XRP’s value has been largely driven by a substantial price increase over the past 10 months, during which the token rose from below $0.6 to a peak of $3.65 in mid-July. While it has since retraced slightly, XRP remains at just over $3, maintaining a strong market capitalization that continues to outperform many traditional equities [1].

The growth of XRP has coincided with broader optimism in the cryptocurrency market, as both bitcoin and ether have also climbed into the top 30 and top 10 of global financial assets by market cap, respectively. This trend reflects increased institutional and retail adoption of digital assets. On-chain data further supports this narrative, showing a 500% increase in on-chain settlement volumes on the XRP Ledger, signaling potential institutional interest despite ongoing whale distribution patterns [2]. Additionally, XRP recently surged by 8.56% in the August 22–23 session, reaching near $3.03 following a surge in risk appetite driven by dovish comments from Federal Reserve Chair Jerome Powell at the Jackson Hole symposium [2].

Beyond price movements, Ripple has also made strategic progress in its broader ecosystem. The company has expanded its offerings by acquiring Hidden Road, a prime brokerage firm, for $1.25 billion. Additionally, Ripple launched RLUSD, an institutionally focused stablecoin, at the end of 2024. These moves suggest a broader strategy to integrate XRP into institutional finance and payment systems. Meanwhile, the long-standing legal dispute with the U.S. Securities and Exchange Commission (SEC) is nearing resolution, with the Second Circuit approving a joint stipulation of dismissal [1]. This development has further bolstered investor sentiment around XRP.

Looking ahead, the potential approval of spot XRP ETFs in the U.S. could serve as a catalyst for further adoption. Although futures-based ETFs already exist, the introduction of spot offerings could bring XRP into the mainstream investment portfolio for the first time. Recent updates indicate that several applications are being revised to meet SEC guidelines, suggesting the regulatory path is gradually clearing [1]. Analysts are closely watching whether XRP can maintain its $3.00 support level, as a breakout above $3.10 could open the door to further gains [2].

Despite the optimism, some observers caution that XRP’s current valuation may be inflated due to speculative trading. With a market cap of $180 billion, the token has attracted significant attention from both retail and institutional investors, but its fundamentals remain unproven in the traditional financial markets. As a result, traders and investors are advised to monitor macroeconomic signals, particularly around Fed policy, and assess how these may influence risk-on or risk-off sentiment in the near term [3].

Source:

[1] Ripple's XRP Is Now a Top 100 Global Asset (https://cryptopotato.com/ripples-xrp-is-now-a-top-100-global-asset-heres-what-it-means/)

[2] XRP Surges 9% Before Pullback Caps Rally Near $3 (https://www.coindesk.com/markets/2025/08/23/xrp-surges-9-before-pullback-caps-rally-near-usd3)

[3] Why XRP (Ripple) Is Soaring Today (https://www.fool.com/investing/2025/08/22/why-xrp-ripple-is-soaring-today/)