XRP Surpasses Belarus' Economy in Market Capitalization

XRP's market capitalization has surged past that of Belarus' estimated 2025 GDP, reaching roughly $94 billion. According to data from BankXRP and CoinCodex, XRP's market cap is now above the World Bank's estimate for Belarus' economic output.

This milestone comes as derivatives activity heats up, with open interest in XRP futures and perpetual contracts surging to $3.56 billion. This increase in positioning suggests that traders are taking a more aggressive stance on the asset, which could amplify both gains and losses.

XRP has also been making waves in traditional finance, surpassing Intercontinental Exchange (ICE) in market capitalization. ICE owns major financial infrastructure, including the New York Stock Exchange, making this comparison notable given XRP's relatively young position in global finance.