#XRP Overtakes Uber in Market Cap, Sets Sights on $200B Valuation
XRP has achieved a significant milestone as its market capitalization surpasses the valuation of the American multinational transportation company Uber.
Popular crypto aggregator CoinGecko highlighted the latest feat today, noting that XRP’s market cap has surpassed that of Uber. According to the announcement, the market value of XRP reached $196.6 billion today, exceeding Uber’s $193.7 billion valuation.
XRP reached this milestone after a dramatic rally triggered by the SEC and Ripple’s joint motion to dismiss their appeals. The filing ignited a new rally for XRP, with its price soaring from $2.99 to $3.38, marking an intraday increase of 13%.