XRP price surged above $3 and, according to the source, reentered the global top 100 assets. The move, tied to market momentum, places XRP back in elite company and has traders eyeing next catalysts.
Market cap milestone and rankings
Per the provided data, XRP has secured the #98 or #99 position among global assets. Its market capitalization is cited between $181.8 billion and $182.75 billion. As a result, it sits ahead of traditional names such as HDFC Bank and Citigroup. However, precise placement may shift with intraday volatility.
Meanwhile, the broader market is watching how liquidity evolves. A higher market cap often attracts new participants; therefore, depth and spreads could improve if the trend holds.
Spot XRP ETF set to debut
The Rex-Osprey Spot XRP ETF is scheduled to begin trading on September 18, 2025, following a 75-day SEC review with no objections. This timeline, as noted in the source, has stoked expectations for substantial institutional inflows. Consequently, observers anticipate stronger market liquidity and more structured exposure for traditional investors.
For context on how ETFs can influence adoption and price discovery, see this primer from Binance Academy.
Analysts’ targets and breakout talk
Crypto analyst Egrag Crypto said XRP’s recent technical breakout “positions [it] for [a] ‘euphoric phase’ in the 2025 bull cycle.” Other analysts, per the source, project near-term targets of $3.30–$4.00, with potential to reach $5.00 by year-end if ETF inflows persist. However, these projections are speculative and depend on broader market conditions.
Key factors to watch include:
- ETF launch timing and initial volumes
- Market depth and derivatives funding
- Macro risk appetite and dollar strength
Therefore, traders may monitor whether the breakout holds above $3 with rising spot volumes. Meanwhile, long-only flows could build as the ETF date approaches.
For a deeper explainer on fiat-pegged liquidity rails that often support crypto trading, read our guide on how stablecoins work. For additional background on the XRP price and market structure, review recent updates from reputable market data providers.
