XRP, the world's third-largest cryptocurrency, has experienced an astounding surge, climbing 500% since July 2024 to reach a new all-time high of $3.65. This remarkable performance has propelled its market capitalization to over $215 billion, allowing it to surpass global corporate giants such as McDonald's and American Express in valuation.
The rapid ascent of XRP has seen it eclipse McDonald's, a company that recently faced revenue losses due to a global boycott campaign. While McDonald's currently holds a market capitalization of approximately $214.72 billion USD, ranking as the 68th most valuable company worldwide, XRP's explosive growth, with a 90% surge since April, has put it in a leading position within the digital asset space.
Experts attribute XRP's impressive rally to several pivotal factors, including a robust price breakout supported by significant whale buying in recent days.
Several concurrent developments have contributed to XRP's dramatic price increase and growing demand:
While XRP's price experienced a slight dip in the last 24 hours, falling to $3.46, the overall market sentiment remains highly promising. The confluence of new regulatory clarity and enhanced investor protection compliance suggests that XRP is well-positioned to maintain its high market capitalization. The recent legislative wins and the introduction of institutional investment vehicles indicate a maturing market for XRP, supporting its potential for sustained growth and stability.
July 2025, Cryptoniteuae