XRP has claimed the third position in market capitalization, surpassing Tether and achieving a value of $2.61, driven by legislative initiatives and increased adoption of the asset.
XRP Market Capitalization Growth
XRP has overtaken Tether to rank as the third-largest cryptocurrency market capitalization, according to Santiment. The asset market value has broken the $2.61 mark for the first time since March 6, 2025. The uptick has been credited to several factors, including U.S. legislative developments and growing worldwide adoption of XRP.
Wallet Activity and Adoption Growth
XRP’s wallet activity has surged in 2025, with 638,000 new non-empty wallets added this year, representing an 11% growth. Total holders are nearing 6.5 million. Growing interest in XRP is also supported by substantial investments from governments, banks, and exchanges.
Whale Movements and Future Projections
Whale transactions are driving the price direction of XRP. On May 13, 2025, a mysterious wallet transferred 20 million XRP, indicating healthy liquidity flows. Analysts project that XRP could reach $22 by 2026, driven by increasing institutional support and use cases in payment systems.
XRP has shown significant growth in both market capitalization and adoption levels, indicating its increasing importance in the cryptocurrency ecosystem.