XRP Surpasses $150 Billion as Bulls Take Over
2025-07-11 11:01:34
Main Idea
XRP's price surged over 7%, reaching an eight-week high of $2.60, with its market capitalization exceeding $150 billion, driven by bullish momentum and positive market sentiment.
Key Points
1. XRP price jumped over 7% in the last 24 hours, reaching $2.60, a level last seen on May 14, 2025.
2. XRP's market capitalization surpassed $150 billion, hitting $153.89 billion, according to CoinMarketCap data.
3. Market sentiment improved following Ripple's announcement of BNY Mellon as the primary custodian for its RLUSD stablecoin.
4. Whale wallets holding more than one million XRP now possess 47.32 billion XRP.
5. Analysts suggest a potential breakout for XRP, with targets of $3 and possibly $4 if bullish momentum continues.
Description
XRP price has jumped over 7%
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