The XRP token has surpassed Xiaomi, Uber, and BlackRock in market capitalisation. The altcoin’s valuation reached $198.6 billion, according to CoinGecko.
Data from InfiniteMarketCap shows that Ripple’s token has claimed the 95th spot among the world’s largest assets. Over the past month, XRP’s market value has surged by 71%.
On July 18, the asset reached a new all-time high (ATH) of $3.65. At the time of writing, XRP is trading at $3.3.
What is Driving XRP’s Growth?
The cryptocurrency’s steady upward trend began after Donald Trump’s victory in the U.S. presidential election in November 2024. The pro-crypto policies of the new administration ushered the digital asset market into a bullish phase.
A pivotal event for XRP was the settlement of the long-standing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC). This bolstered investor confidence in the coin and enabled it to set a new price record.
Analysts predict further growth for the asset. According to trader Mikybull Crypto, the cryptocurrency’s next targets are $5 or $8.
$XRP BREAKOUT & MACD BULLISH CROSS
SAME SETUP
TARGETS ARE $5-$8. pic.twitter.com/78aN7TBzaX
— Mikybull 🐂Crypto (@MikybullCrypto) July 22, 2025
XRP Army’s Discontent
Despite the new record, the XRP community remains dissatisfied. Many Ripple supporters believe that the conflict between the company and the SEC has “severely and unfairly” hindered the cryptocurrency’s growth.
An XRP Army member known as MackAttackXRP commented to Decrypt:
“We are furious about seven damn years of waiting! Do you even understand? Seven years of stalling due to the SEC’s leftist policies.”
Another community member added that it’s not just about waiting for the ATH. He noted that for years, investors watched as many cryptocurrencies set price records while XRP “stagnated due to the Commission’s lawsuits.”
The altcoin and its holders have become the butt of jokes. Following the new all-time high, memes about XRP supporters began circulating on social media.
my uber driver after looking at the XRP chart:pic.twitter.com/bW64N81v27
— LilMoonLambo (@LilMoonLambo) July 20, 2025
“My Uber driver after looking at the XRP chart,” joked user X, facing a wave of criticism.
The XRP Army continues to believe in Ripple and the altcoin’s potential despite the mockery. User MackAttackXRP stated that the community “fights for justice every day” to create an alternative to slow and expensive banks.
According to technical analysis conducted by the expert back in 2023, XRP’s price could reach $27. This, he claims, would truly satisfy investors.
“We won’t be happy until XRP breaks $27. And it will happen — we’ve been saying this for years, and technical analysis never fails. Sometimes only the timing is in question,” said MackAttackXRP.
Back on July 3, Ripple filed an application for a banking license in the U.S.