XRP Market Cap Surpasses $100 Billion Amid ETF Inflows and Whale Activity

XRP's market capitalization briefly surpassed $100 billion due to increased activity in U.S. spot XRP exchange-traded funds (ETFs) and larger transactions on the XRP Ledger.

According to CoinGecko data, XRP approached a price of $1.65 during the rally and closed September 22 at about $1.57, compared with roughly $1.53 a day earlier.

The token's market capitalization exceeded $101 billion on September 23, highlighting how quickly the valuation can change as the price moves.

XRP's ability to sustain its valuation above $100 billion remains unresolved, and it did not maintain this threshold consistently.