For the first time since 2018, XRP’s market capitalization has skyrocketed above the $100 billion mark, fueled by bullish sentiment and regulatory optimism. The Ripple-promoted crypto asset has flipped BNB ($686.35) to become the fifth-largest cryptocurrency in the market, now only trailing Bitcoin (BTC ($103,066.00)), Ethereum (ETH ($3,244.41)), Tether’s USDT ($1.00), and Solana (SOL ($247.81)).

Factors Driving XRP’s Market Cap