$XRP Price & Market Cap Overview
Current Price: Around $3.57, up ~3.5% from the previous close.
Market Capitalization: Approximately $207–210 billion, making XRP the 3rd-largest cryptocurrency, just behind BTC and ETH .
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📈 Recent Performance & Trends
XRP recently hit a new all-time high (~$3.64) mid‑July, breaking its 2018 peak, with a remarkable ~22% rally in a single day amid favorable U.S. crypto legislation .
On July 18, the token reached $3.66 and its market cap briefly topped $216 billion .
It’s gained ~20–25% over the past week, outpacing many Layer 1 cryptos, with weekly volume jumping by ~65% .
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🏛️ Regulatory & Institutional Catalysts
The GENIUS Act (stablecoin framework) and broader crypto clarity (e.g. CLARITY Act) are boosting market confidence .
The long‑pending SEC lawsuit against Ripple was effectively dropped earlier this year, clearing a major regulatory hurdle .
U.S. crypto strategic reserve, announced by the Trump administration, specifically includes XRP as a national digital asset .
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🔍 Technical Analysis & Price Forecasts
On‑chain MVRV “golden cross” signals strong momentum, with analysts suggesting potential for:
60%–100% upside to $4–4.5 .
More aggressive forecasts range from $14 to $22 if historical patterns repeat .
Some analysts even propose ultra‑bullish targets up to $25, assuming substantial institutional inflows .