XRP Surpasses CitoGroup, Xiaomi; Hits 94th Globally

XRP Surges to 94th Spot, Overtakes Citigroup and Xiaomi

Ripple’s XRP token has recently attracted attention after climbing to the 94th spot among the largest assets globally by market cap. Recent reports show that the cryptocurrency has passed industry leaders Citigroup and Xiaomi.

This accomplishment underscores the rising significance of cryptocurrency around the world. It now ranks with some of the most valuable companies and financial assets. With its market cap pushing it into the top 100 global assets, XRP's advancement reflects the growing role of digital assets in finance.

In addition to this growth, the price of XRP has bounced back, sparking optimism in the community. This positive sentiment has led to bullish predictions, with analysts expecting the cryptocurrency to rally.

XRP Rises to 94th Spot

In a recent post on X, analyst STEPH IS CRYPTO pointed out a milestone in the Ripple ecosystem. The post noted that the altcoin is now ranked 94th among global financial giants, surpassing Citigroup and Xiaomi.

According to Companiesmarketcap, the market cap is marked at $186.92 billion, up by 2.8%. Citigroup boasts $183billion while Xiaomi holds a market cap of $182.06 billion.

The Ripple token’s entry into the top 100 largest global assets marks a significant milestone, placing it as a top contender in the financial world. Despite a 2.7% monthly dip, the crypto has surged by a notable 12% over the past week.

Price Surges

In line with this major acquisition, the price has also seen a notable uptrend, reaching $3.13, up 2.78% in a day. Despite a 2.7% monthly dip, the crypto has surged by a notable 12% over the past week.

Despite this positive trend, traders are becoming less optimistic about the Ripple coin. This waning investor interest is observed from the notable decline in the 24-hour trading volume. Over the past day, the volume has dipped by 8%, reaching $5.65 billion.

Eyes $4.7

Driven by the current sentiment, experts are highly bullish about the cryptocurrency. Analysts like Ali Martinez predict that the next short-term target for the XRP price is $3.6.

At the same time, CRYPTOWZRD shares a more bullish prediction for the Ripple coin. According to his analysis, XRP is poised to hit $4.7 if it breaks past $3.6.