Bitcoin Retakes $82K XRP Hits $90B Cap

XRP Surges Past $1.50 Amid Market Rally as Bitcoin Hits $82,000

• XRP exceeded $1.50 on May 10, marking its highest point in nearly two months.
• Bitcoin briefly reclaimed the $82,000 mark during the same market rally.
• $34.21 million in net inflows were recorded for XRP ETFs, boosting its market cap above $92.6 billion.
• A collaborative test with J.P. Morgan and Mastercard validated the XRP Ledger’s utility for tokenized U.S. Treasurys.
• Tokenized assets on the XRP Ledger rose by 45% to approximately $3.03 billion over the past month.

The recent surge in XRP price was driven by significant ETF inflows and exchange withdrawals, alongside institutional collaborations showcasing its ledger’s capabilities . This activity helped push XRP’s market capitalization temporarily above $92 .6 billion , outperforming many other high-cap altcoins .

Despite this momentum , XRP remains below its January peak of $2 .40 and has seen a decline of over % since the year’s start . The digital asset continues to trade within a narrow range , reflecting both challenges and opportunities ahead for investors . ( Source )