XRP Now Larger Than PepsiCo, Uber, Blackrock—And Is Closing in on McDonald’s
Main Idea
XRP has become the 91st largest asset globally with a market cap of $203.89 billion, surpassing companies like PepsiCo and AT&T, and is poised for further growth amid regulatory changes and strong community support.
Key Points
1. XRP's market cap of $203.89 billion makes it the 91st largest asset in the world, surpassing PepsiCo, AT&T, and Uber.
2. XRP's value surged 71.6% monthly, driven by regulatory clarity and a pro-crypto administration under Trump.
3. Ripple's legal battle with the SEC is largely resolved, contributing to XRP's price surge of 585.8% since November 2024.
4. XRP supporters believe its utility in cross-border payments and low fees will drive further growth, potentially into the top 10 global assets.
5. To enter the top 10, XRP would need a 735% increase in value, but a 5% rise could see it surpass McDonald's and Shell.
Description
The cryptocurrency has grown to be larger than some of the biggest firms in the world after setting a new all-time high.
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