XRP Surges Past $100 Billion Market Cap, But Still Lags Behind Peak

XRP has regained its $100 billion market capitalization, but it's still far from its all-time high of $3.65.

The token's recent surge saw it reach a price of $1.66, marking a significant rally for the asset.

However, despite the institutional buying and whale activity that has driven up the price, XRP is still struggling to hold onto its gains.

Bitwise, an investment firm, has been leading a wave of ETF buying in the token, which some see as evidence of a genuine institutional-led breakout.