XRP Stuns Wall Street: Overtakes BlackRock’s Market Cap in Historic Crypto Surge

Digital asset defies traditional finance giants as Ripple's native token achieves unprecedented valuation milestone.

The Unstoppable Ascent

XRP just pulled off what analysts called impossible—surpassing BlackRock's market capitalization. This isn't just another crypto rally; it's a fundamental shift in how the market values decentralized networks versus traditional asset managers. The token's relentless climb reflects growing institutional adoption and regulatory clarity breakthroughs.

Wall Street's Wake-Up Call

Traditional finance executives are scrambling to explain how a "speculative asset" outperformed the world's largest asset manager. Meanwhile, crypto natives are quietly nodding—they've seen this story before. The numbers don't lie: XRP's market cap now exceeds BlackRock's, marking a symbolic victory for decentralized finance over legacy systems.

Regulatory Tailwinds Turn to Hurricane Force

Recent court victories and regulatory clarity created perfect conditions for XRP's explosion. The token's utility in cross-border payments finally gets priced in—without the usual regulatory overhang that kept institutional money on sidelines. Suddenly, every fund manager who dismissed crypto now needs a position.

The New Math of Value

Market caps aren't just numbers—they're narratives. XRP surpassing BlackRock tells a story about technology outpacing tradition, accessibility trumping exclusivity, and innovation rewriting rules. Sure, some Wall Street veterans will call it irrational—but they said the same about the internet.

Finance's ironic twist: the asset managers who called crypto a bubble now watch their own valuations get popped by it.

Will XRP Climb To a New Peak After Overtaking BlackRock’s Market Cap?

While XRP’s market cap has hit a new milestone, the asset’s price has faced a sharp correction over the last few days. XRP climbed to a new all-time high of $3.65 on July 18. Since its peak, the asset’s price has fallen by 18.5%. XRP is also trading in the red zone in nearly all time frames. According to CoinGeck’s XRP data, the popular cryptocurrency is down 2.1% in the daily charts, 0.9% in the weekly charts, 9% in the 14-day charts, and 5.6% over the previous month. Despite the price dip, XRP has rallied by 389.2% since August 2024.

XRP has had quite a bullish year in 2025. The asset breached the $3 mark for the first time in more than seven years earlier this year. XRP’s rise is likely due to the SEC vs. Ripple lawsuit coming to an end. The lawsuit was a substantial barrier to the asset’s price.

There is a high chance that XRP will continue its ascent after its market cap beat BlackRock’s. There are several spot XRP ETFs awaiting approval at the SEC. While BlackRock has opened its doors to Bitcoin and ethereum ETFs, the firm has yet to apply for an XRP ETF. BlackRock said that it does not intend to apply for a spot XRP ETF just yet. However, an ETF approval will likely lead to a surge in institutional inflows for the asset. Such a scenario could propel XRP’s price to a new all-time high.