XRP, a leading altcoin, has just hit a major milestone: it’s now ranked among the top 100 global assets! This moves XRP beyond just the crypto world and into the mainstream financial arena.
XRP Joins the Big Leagues
Cryptocurrencies are becoming increasingly important in global finance. Bitcoin and Ethereum are already major players, and now XRP is following suit. After a recent price jump, it’s secured a spot in the top 100, surpassing companies like Shopify to reach number 94. This puts it in the company of giants like Booking Holdings, Texas Instruments, and Verizon. It’s a huge step from niche crypto asset to mainstream contender.
What’s Driving XRP’s Success?
Several key developments could propel XRP even higher. An insider on X (formerly Twitter) points to two major events expected in October:
- Potential XRP ETF Approval: The SEC’s decision on an XRP ETF is pending, but approval could dramatically boost liquidity and attract institutional investment.
- Ripple Bank License: Ripple has applied for a Federal Reserve master account and a national banking franchise. Approval would be a landmark achievement, integrating Ripple directly into the US financial system.
The insider believes that these two events happening together could solidify XRP’s position as a core asset in global finance, making it a cornerstone of wider crypto adoption. October could be a game-changer for XRP.