XRP News Today: XRP Surpasses Shell With 500% Gain In Market Cap

In a significant development, Ripple’s XRP has surpassed Royal Dutch Shell in market capitalization, marking a pivotal moment in the global financial landscape. XRP’s market cap reached $211.41 billion, surpassing Shell’s valuation of $205.92 billion. This achievement underscores the growing influence of digital assets in the global economy, as a cryptocurrency eclipses a century-old oil conglomerate.

XRP’s meteoric rise has been remarkable. Since July 2024, the cryptocurrency has appreciated by over 500%, rising from under $0.60 to a new all-time high of $3.65. As of the latest reports, XRP trades at approximately $3.62, with a circulating market cap fluctuating between $210 billion and $216 billion. This rally has positioned XRP among the top three cryptocurrencies by market cap, behind only Bitcoin and Ethereum, and has inserted it into the conversation among the world’s largest and most valuable companies.

The XRP Ledger has experienced exponential growth in both on-chain activity and institutional adoption. Over 10,000 new XRP accounts were created in a single day in mid-July, accompanied by a record increase in total value locked (TVL), which recently exceeded $92 million. Whale activity has also intensified, with single transactions involving more than 210 million XRP, valued at over $730 million, circulating across wallets. These indicators point to a deepening level of confidence in the asset’s future role within global finance.

Shell, a pillar of the global oil industry, recorded over $284 billion in revenue and $16.5 billion in net income in 2024. With operations spanning over 70 countries, it remains a major player in traditional energy markets. However, its stock has seen moderate declines, and current market conditions have capped its valuation at around $206 billion. Strategic realignments, environmental pressures, and the global shift toward renewable energy sources have further complicated the growth narrative for Big Oil.

That XRP has now overtaken such a company speaks volumes about the rising prominence of digital assets in the global economic hierarchy. It’s not just a changing of the guard; it’s a reflection of an emerging order where decentralized, borderless, and digitally native technologies are being valued more highly than legacy resource-driven enterprises. The crypto space, long regarded as speculative and immature, is now drawing meaningful comparisons to institutions that shaped the 20th century’s economic infrastructure.

The implications of XRP’s ascent go far beyond a single token’s performance. It represents a broader trend of cryptocurrencies gaining traction as both investment vehicles and utility-driven infrastructure. XRP, designed as a bridge currency for cross-border payments, has increasingly been integrated into financial rails worldwide. This growing utility, combined with regulatory clarity in several jurisdictions, has bolstered its legitimacy among both retail and institutional investors.

XRP’s overtaking of Shell is therefore not merely a chart-topping headline but a watershed moment in the transition from the industrial to the digital economy. As blockchain continues to rewire financial networks and redefine how value is stored and transferred, XRP’s performance could very well be a leading indicator of what lies ahead. Whether or not it sustains this lead over Shell and others will depend on the broader market cycle, Ripple’s continued business expansion, and the trajectory of global regulation.

Still, the message is clear: crypto is no longer playing catch-up; it is outpacing the old guard. The world is watching, and the stakes are only getting higher.