Summary
- Cointelegraph reported that Ripple (XRP) has risen by 31.5% since the beginning of the year, surpassing a market capitalization of $159 billion.
- Ripple is currently positioned as the 3rd largest market cap following Bitcoin and Ethereum.
- It has surpassed BlackRock's market cap, drawing attention from investors.
On the 15th (local time), cryptocurrency media Cointelegraph reported that "Ripple (XRP) has risen by 31.5% since the beginning of the year, surpassing a market capitalization of $159 billion," and "it is currently ranked 3rd, following Bitcoin (BTC) and Ethereum (ETH), surpassing the market cap of the U.S. asset management firm BlackRock."
Meanwhile, XRP is trading at $2.9868, up 15.91% from the previous day, based on the Binance Tether (USDT) market as of 00:42 on the 16th.


JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

![[Analysis] "Bitcoin attempts a technical rebound after capitulation selling…trend reversal hinges on fresh inflows"](https://media.bloomingbit.io/PROD/news/067f7da2-2764-45b9-a79c-b8a9c31d4919.webp?w=250)

![[Analysis] "Bankruptcy fears around Strategy are spreading…concerns somewhat overstated"](https://media.bloomingbit.io/PROD/news/ca8aa06b-c04b-4831-b878-608bd90bdd3d.webp?w=250)