XRP is about to hit $200B market cap for the first time: price nears record
2025-07-17 11:39:20
Main Idea
XRP is nearing a $200 billion market cap for the first time, with potential to exceed $250 billion, driven by strong price performance and technical indicators.
Key Points
1. XRP's market cap has surged 71.75% in the last 30 days, reaching $193.10 billion, just shy of its record high.
2. XRP price is up 35% against Bitcoin in July, while Ether has risen over 25% against Bitcoin in the same period.
3. XRP and Ether together comprise around 16% of the crypto market, with both showing strong gains compared to Bitcoin.
4. A historical fractal suggests XRP's market cap could extend to $258 billion, based on Fibonacci targets and breakout patterns.
5. Recent 24-hour performance shows XRP and Ether rising over 8% each, indicating a shift toward top-cap altcoins among traders.
Description
XRP’s market cap could surge past $250 billion, backed by historical fractals and Fibonacci targets after a key breakout pattern.
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