XRP Now Larger Than PepsiCo, Uber, Blackrock—And Is Closing in on McDonald’s
XRP is currently the third-largest cryptocurrency with a market cap of $203.89 billion, surpassing major companies like PepsiCo, AT&T, and Uber due to a 71.6% monthly rise. It is now the 91st largest asset globally. Ethereum ranks as the 29th largest asset, while Bitcoin is the 6th, positioned between Amazon and Alphabet. Experts caution against equating the market capitalization of public companies with cryptocurrencies, highlighting differences in legal claims and rights associated with each. XRP recently reached an all-time high after a lengthy legal battle with the SEC, which is perceived to be easing under the current administration. Since November 2024, XRP has surged 585.8%, surpassing firms like BlackRock and Boeing. Supporters believe XRP could enter the top 10 assets if it increases by over 735%. A more immediate goal is to rise 5% to surpass McDonald's, Shell, and American Express.
