XRP has officially entered the top 100 global assets by market capitalization, according to information from the Good Morning Crypto podcast by Abs Nassif. XRP is currently trading above $3 and has reached a market cap of approximately $180 billion.

This development reflects the increasing strength of XRP in the broader market. XRP's entry into the top 100 global assets positions this cryptocurrency to compete alongside major corporations and commodities, highlighting its growing prominence beyond the cryptocurrency space.

XRP's entry into the global top 100 not only demonstrates the expansion of market capitalization but also its increasing importance to investors. This ranking confirms that this digital asset is still asserting its position alongside traditional financial instruments.

Market observers have tracked XRP's development as a sign of broader acceptance, and this significant milestone proves that this asset is competing on a larger stage.

This growth also reflects strong confidence in the utility and role of XRP in cross-border payments. As this token solidifies its position in the market, recognition in the global asset market could open the door for deeper participation from institutions.

There are many factors contributing to price volatility. Increased investment demand, combined with accumulation by 'whales', has created steady buying pressure. However, one of the biggest factors boosting confidence in XRP is regulatory clarity.

For a long time, Ripple was the only alternative digital currency with full regulatory clarity, and market participants' confidence has significantly increased after the long legal debate between Ripple and the U.S. Securities and Exchange Commission (SEC) concluded.

Earlier this month, the court accepted a settlement agreement to resolve the appeals from both Ripple and the SEC, officially ending the dispute. The dismissal of these appeals has removed a significant barrier that created uncertainty regarding XRP's future.

After the case was resolved, exchanges and institutions may reconsider their level of involvement with XRP. Gemini's recent announcement of a major service involving Mastercard using XRP indicates that the market is gradually shifting towards XRP.

Outlook for XRP

After achieving a position in the top 100 global assets, XRP is now on track to reach new significant milestones. This achievement solidifies XRP's reputation in both the cryptocurrency and traditional finance sectors, and now, after the Ripple lawsuit has been resolved, XRP is poised to continue achieving new milestones as acceptance and interest from institutions continue to grow.

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