Top Reasons Why Ripple’s XRP Flipped BlackRock in Market Valuation
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- The closure of the Ripple vs SEC lawsuit has been a major turning point for the XRP global market.
- Several fund managers have already filed amended S-1 filings for spot XRP ETFs with the U.S. SEC.
- XRP holders are anticipating a major historical bullish breakout fueled by robust fundamentals.
Ripple Labs-backed XRP recently temporarily flipped BlackRock Inc. (NYSE: BLK) in market valuation. According to aggregate data from Binance-backed CoinMarketCap, XRP had a market capitalization of about $176 billion and a fully diluted valuation of around $296 billion.
The XRP’s market cap has slipped from $210 billion amid the ongoing crypto market correction.
In the past 24 hours, the XRP market recorded a traded volume of about $6.9 billion. According to market data analysis from CoinGlass, XRP’s Futures Open Interest (OI) has surged from $3.87 billion on 25th June 2025, to around $8.1 billion on 25th August 2025.
On the other hand, BlackRock’s market capitalization was about $187 billion. According to aggregate data from MarketWatch, BlackRock’s stock market recorded a net average traded volume of about $591k, which is a fraction of X…
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