XRP Surges Past Uber and Boeing in Market Value Rankings

XRP continues its meteoric climb in the cryptocurrency space, solidifying its place among the top global assets by market capitalization. Over the past few weeks, the digital asset associated with Ripple has witnessed a dramatic surge, placing it well above traditional corporate giants like Uber and Boeing.

Ripple’s Rapid Growth in Market Capitalization

Ripple’s native cryptocurrency, XRP, recently made an impressive breakout after trading steadily between $2.2 and $2.3. This consolidation phase was followed by a sharp upward trajectory that pushed XRP’s value to a record-breaking high of over $3.6 before a slight correction brought it to around $3.5.

With more than 59 billion XRP tokens in circulation, Ripple now commands a market capitalization of nearly $207 billion. This remarkable milestone not only cements XRP as the third-largest cryptocurrency but also secures its position among the world’s top 100 most valuable assets.

Listing data from CompaniesMarketCap shows Ripple currently ranked 81st globally. This places it ahead of numerous major companies including Boeing, Xiaomi, Uber, AT&T, Siemens, and Commonwealth Bank. These rankings underscore how far Ripple has come since XRP languished around $0.6 in early 2024.

As XRP’s value continues to climb, it finds itself edging closer to even more prominent firms like Shell, McDonald’s, and Goldman Sachs. From being an underdog in the financial world to outpacing longstanding industry titans, Ripple’s rise is nothing short of extraordinary.

How XRP Compares to ETH and BTC

Ripple is not alone in this surge. The broader crypto market has seen similar upward momentum. Ethereum (ETH), for instance, holds the 25th position among global assets with a current market cap of around $435 billion. ETH recently crossed the $3,600 mark, placing it ahead of notable corporations such as Procter and Gamble, Johnson & Johnson, and Costco. Companies like Exxon Mobil, Mastercard, and Netflix are the next milestones in Ethereum’s path.

The most dominant player among digital assets remains Bitcoin (BTC). Bitcoin achieved a record high above $123,000, briefly ascending to become the fifth-largest asset worldwide. Its market cap reached an astounding $2.373 trillion, surpassing heavyweights like Silver, Alphabet, and Amazon before sliding to the sixth position. Bitcoin’s swift ascent underscores the significant shifts occurring in the financial hierarchy due to the growing influence of cryptocurrencies.

Across the board, crypto is not only becoming more mainstream but also transforming perceptions of financial strength and asset longevity. What’s particularly notable is how Ripple, often seen as more utility-focused due to its use case in global payments and banking, has now matched—and even outstripped—the valuations of well-established, traditional institutions.

From an investor perspective, this surge in XRP’s valuation signals increasing confidence in Ripple’s underlying technology and long-term use cases. The broader implication is clear: as crypto assets gain ground in valuation rankings, their legitimacy within traditional markets becomes harder to ignore.

Related: XRP Price: $12M Max Pain for Bears

Ripple’s performance highlights the shifting tides of economic power, where digital assets are rapidly gaining status alongside century-old companies. While debates over regulation, scalability, and adoption continue to swirl in the crypto ecosystem, XRP’s success suggests that blockchain-backed innovations are more than just speculative ventures—they are now central players in today’s financial landscape.