The post XRP Eyes $100 Billion Market Cap: A Historic Comeback After Long Ongoing Lawsuit appeared first on Coinpedia Fintech News
XRP is close to reclaiming its $100 billion market capitalization, a milestone it last achieved in 2018. Back then, XRP hit an all-time high of $3.13 per token with a $120.76 billion valuation. Currently priced at $1.66, XRP’s higher circulating supply, now at 57.05 billion tokens due to Ripple’s escrow releases, is boosting its market cap. To cross $100 billion, XRP needs a modest 2.65% price increase to reach $1.75. Achieving this milestone would enhance XRP’s credibility, making it the 170th largest global entity, further solidifying its position in the crypto market and attracting new investors.