XRP posted a strong performance this week, rising 6% and reaching a market capitalization of $87.5 billion, overtaking BNB to become the third-largest cryptocurrency globally.
The rally coincides with a surge in XRP Ledger activity, with daily volume surpassing $1 billion—signaling growing demand and network usage.
Additionally, exchange-traded fund (ETF) inflows reached $1.2 billion, highlighting increasing institutional interest in the asset.
Analysts suggest that this combination of institutional capital and on-chain activity could sustain bullish momentum, particularly if inflows remain strong in the coming weeks.