The recent surge in XRP’s price briefly pushed its market value past that of BlackRock, the world's biggest asset manager


Crypto analysts believe this bullish run—which
saw XRP's market cap hit around $183.4 billion, topping BlackRock's near-$180 billion valuation—is directly tied to a key move by Ripple. The company is fast-tracking its application for a U.S. national trust bank charter.
Essentially, the market is thrilled because getting this federal charter would allow Ripple to run a stablecoin under U.S. federal regulation. With the official application deadline for the charter closing in this month, investors see this regulatory clarity as a massive, long-term positive for the future value of XRP.
#Xrp🔥🔥 BlackRock⁩
XRP4.24%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)