XRP has reached a market capitalization of $160 billion, solidifying its position as the third-largest cryptocurrency by market cap. The milestone comes amid a price rally and heightened interest in the crypto space after a few days of price decline.
A Quick Take delivers key facts fast—concise, clear, and easy to read. Perfect for busy readers.
Driving the news:
XRP’s price surged 10.6% in the past 24 hours, reaching $2.81 at the time of writing.
The cryptocurrency’s trading volume and price momentum have pushed its market cap to historic levels.
Still: XRP is still 17.9% below is previous all-time high of $3.40, which it reached in Jan. 2018.
By the numbers:
Current price: $2.81, up 10.6% in the last day.
Market cap: $160 billion, trailing only Bitcoin and Ethereum.
24-hour range: $2.52 to $2.80.
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Zooming out:
XRP has been at the center of attention due to ongoing legal disputes with the U.S. SEC over its classification as a security. Despite this, the coin has shown resilience in the market.
Notably, Ripple CEO Brad Garlinghouse had a highly publicized meeting with incoming U.S. President Donald Trump, calling the occasion a great start for 2025:
