XRP is fast approaching a historic milestone, with its
market capitalization set to breach the $200 billion mark for the first time.
As Bitcoin consolidates near recent record highs, XRP has emerged as one of the
biggest altcoin gainers in July, reinforcing the broader shift of investor
interest toward non-Bitcoin digital assets.
Over the past 30 days, XRP’s market cap has surged by
51%, reaching $194.83 billion by Thursday. According to CoinMarketCap, this is the highest market
cap XRP has recorded year-to-date since peaking at $189 billion early this year.
XRP market capitalization year-to-date, Source: CoinMarketCap
The gains come amid a significant rally in the XRP/USD
pair, up over 32% on the weekly chart. In comparison, Ethereum has gained
roughly 23%, ahead of Bitcoin, which has gained 6% in the same period.
This rising momentum among large-cap altcoins has
reignited the “altseason” narrative, a term used to describe phases when
capital rotates from Bitcoin into other cryptocurrencies.
Top four cryptocurrencies, Source: CoinMarketCap
XRP Price: Momentum Builds
In the last 24 hours alone, XRP and Ether posted over 9% and 5% gains, respectively, while Bitcoin remained range-bound, suggesting traders increasingly seek higher returns beyond the flagship crypto.
The recent rally in XRP aligns with a bullish
technical breakout from a descending triangle—a pattern often associated with
significant upward moves when confirmed by rising volume.
More on XRP: XRP Price Hits Four-Month High as Analysts Predict All-Time Peak Above $3.40
Adding to the optimism are similarities between the
current market setup and XRP’s strong performance in late 2024. At that time,
XRP entered overbought territory on the Relative Strength Index (RSI) and
stayed elevated for several weeks, leading to a 200% increase in market cap
that peaked around $195 billion.
Market cap rolling over everyone!#xrp pic.twitter.com/4T9kPnrZG6
— THE XRP ARCHITECT (@TheCyberBull) July 17, 2025
XRP Analysis: Altcoin Rotation Highlights Broader Crypto Shift
The current rally in XRP and other large-cap altcoins
comes when Bitcoin appears to be losing its near-term momentum. As
BTC trades sideways following its record highs, altcoins are capturing
attention with stronger relative gains.
XRP and Ether now account for about 16% of the total
crypto market, and their outperformance compared to Bitcoin in July suggests a
strategic reallocation by investors. With rising trading volumes and positive
technical indicators, XRP’s trajectory could further reinforce the growing
trend of diversification within crypto portfolios.
The industry is hesitant to trust regulation to an unelected official because of the SEC’s record of NOT acting in good faith. @bgarlinghouse reminds Congress the agency was called out for lacking “a faithful allegiance to the law” and for acting in an arbitrary and capricious… pic.twitter.com/fXxdy2bmt2
— CryptoLaw (@CryptoLawUS) July 9, 2025
Whether XRP ultimately breaks through the $250 billion
mark will depend on continued investor appetite and broader market conditions.
But with its current setup and historical patterns in play, the asset appears
well-positioned to test new highs in the weeks ahead.
Recently, Grayscale Investments challenged the U.S. Securities and Exchange Commission after the regulator
halted the approval of its Digital Large Cap Fund. The product, which holds a
basket of top digital assets including Bitcoin, Ethereum, XRP, Solana, and
Cardano, had initially received a green light from the SEC’s Division of
Trading and Markets.
However, the approval was later halted pending
an internal agency review. Grayscale’s legal team contends that the SEC missed
its statutory deadline to intervene and is now calling for the approval to be
treated as final.
XRP is fast approaching a historic milestone, with its
market capitalization set to breach the $200 billion mark for the first time.
As Bitcoin consolidates near recent record highs, XRP has emerged as one of the
biggest altcoin gainers in July, reinforcing the broader shift of investor
interest toward non-Bitcoin digital assets.
Over the past 30 days, XRP’s market cap has surged by
51%, reaching $194.83 billion by Thursday. According to CoinMarketCap, this is the highest market
cap XRP has recorded year-to-date since peaking at $189 billion early this year.
XRP market capitalization year-to-date, Source: CoinMarketCap
The gains come amid a significant rally in the XRP/USD
pair, up over 32% on the weekly chart. In comparison, Ethereum has gained
roughly 23%, ahead of Bitcoin, which has gained 6% in the same period.
This rising momentum among large-cap altcoins has
reignited the “altseason” narrative, a term used to describe phases when
capital rotates from Bitcoin into other cryptocurrencies.
Top four cryptocurrencies, Source: CoinMarketCap
XRP Price: Momentum Builds
In the last 24 hours alone, XRP and Ether posted over 9% and 5% gains, respectively, while Bitcoin remained range-bound, suggesting traders increasingly seek higher returns beyond the flagship crypto.
The recent rally in XRP aligns with a bullish
technical breakout from a descending triangle—a pattern often associated with
significant upward moves when confirmed by rising volume.
More on XRP: XRP Price Hits Four-Month High as Analysts Predict All-Time Peak Above $3.40
Adding to the optimism are similarities between the
current market setup and XRP’s strong performance in late 2024. At that time,
XRP entered overbought territory on the Relative Strength Index (RSI) and
stayed elevated for several weeks, leading to a 200% increase in market cap
that peaked around $195 billion.
Market cap rolling over everyone!#xrp pic.twitter.com/4T9kPnrZG6
— THE XRP ARCHITECT (@TheCyberBull) July 17, 2025
XRP Analysis: Altcoin Rotation Highlights Broader Crypto Shift
The current rally in XRP and other large-cap altcoins
comes when Bitcoin appears to be losing its near-term momentum. As
BTC trades sideways following its record highs, altcoins are capturing
attention with stronger relative gains.
XRP and Ether now account for about 16% of the total
crypto market, and their outperformance compared to Bitcoin in July suggests a
strategic reallocation by investors. With rising trading volumes and positive
technical indicators, XRP’s trajectory could further reinforce the growing
trend of diversification within crypto portfolios.
The industry is hesitant to trust regulation to an unelected official because of the SEC’s record of NOT acting in good faith. @bgarlinghouse reminds Congress the agency was called out for lacking “a faithful allegiance to the law” and for acting in an arbitrary and capricious… pic.twitter.com/fXxdy2bmt2
— CryptoLaw (@CryptoLawUS) July 9, 2025
Whether XRP ultimately breaks through the $250 billion
mark will depend on continued investor appetite and broader market conditions.
But with its current setup and historical patterns in play, the asset appears
well-positioned to test new highs in the weeks ahead.
Recently, Grayscale Investments challenged the U.S. Securities and Exchange Commission after the regulator
halted the approval of its Digital Large Cap Fund. The product, which holds a
basket of top digital assets including Bitcoin, Ethereum, XRP, Solana, and
Cardano, had initially received a green light from the SEC’s Division of
Trading and Markets.
However, the approval was later halted pending
an internal agency review. Grayscale’s legal team contends that the SEC missed
its statutory deadline to intervene and is now calling for the approval to be
treated as final.
