XRP has surged 500% from July 2024, reaching a new all-time high of $3.65. Additionally, the token surpassed global giants like McDonald’s and American Express as its market capitalization climbed $215 billion.
The world’s third-largest cryptocurrency, XRP, has skyrocketed, surpassing the global giant McDonald’s. The fast-food giant had already lost approximately $7 billion in revenue due to the global boycott campaign initiated by pro-Palestinian activists in response to the company’s support for Israel.
Now, it has been surpassed by XRP, as the crypto token’s price has surged 90% since April. Several favorable US legislations for Ripple, such as classifying XRP as not a security, have boosted investor confidence and legitimacy in the token. Experts cited that XRP is trending because of a strong price breakout and heavy whale buying in recent days.
The price dipped in the last 24 hours and fell down to $3.46. Macdonald’s currently has a market capitalization of approximately $214.72 billion USD, ranking as the 68th most valuable company in the world.
While the XRP price has dipped in the last few hours, the market appears promising with new regulations and investor protection compliance. So, it is indicated that XRP may, after all, be able to maintain high market capitalization.
Ripple’s SEC lawsuit ending, favorable U.S. crypto laws, and the launch of an XRP ETF fueled the price surge.
XRP dipped to $3.46 but remains strong with high investor confidence and regulatory momentum behind it.
The GENIUS Act and CLARITY Act helped legitimize XRP, increasing adoption and boosting its market value.
Yes, XRP remains a promising 2025 investment due to strong fundamentals, stablecoin use, and potential ETF listings.
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