XRP Market Cap Overtakes Shopify, Verizon, Citigroup—Is ETF Buzz Fueling Its Next Big Surge?

1 hours ago
Blockmedia
Blockmedia
XRP Market Cap Overtakes Shopify, Verizon, Citigroup—Is ETF Buzz Fueling Its Next Big Surge?

Image source: Block Media

XRP Climbs Above Shopify, Verizon, and Citigroup in Market Value as ETF Expectations Drive Bullish Surge

Ripple’s XRP has made waves in the financial world with an impressive rally, surpassing the market capitalization of global giants like Shopify (SHOP), Verizon (VZ), and Citigroup (C). Investor excitement over a possible XRP exchange-traded fund (ETF) launch, paired with robust bullish sentiment, has driven XRP’s price to new heights. Some analysts now speculate that the cryptocurrency could potentially reach as high as $6.

Data from "Companies Market Cap" highlights XRP's current market capitalization exceeding these corporate powerhouses, cementing its position as a major player in the crypto market. This achievement comes on the back of a 12% weekly price increase, propelling XRP beyond the $3.10 threshold.

Investor Optimism Fuels XRP’s Breakout

Experts attribute this rally to mounting anticipation for the debut of an XRP ETF in the U.S., combined with renewed technical interest. Prominent voices in the space are optimistic about the ETF’s near-term potential. Bloomberg analyst James Seyffart suggested that the REX-Osprey XRP ETF could launch as early as next week, a development sparking increased market enthusiasm.

XRP-focused analysts have also pointed to clear bullish formations on the weekly price chart. A widely discussed “bull flag” pattern signals the potential for further price escalation. Influential XRP analyst XRP_CRO predicts that once XRP overcomes the critical resistance at $3.60, subsequent targets could range from $6 to as high as $23. Echoing this bullish outlook, his recent analysis suggests that a major breakout is on the horizon:

"$XRP weekly bull flag forming. Next explosive leg is loading…
Potential targets by the EOY once it breaks the $3.6 resistance: $6, $13, $23.
Are you ready?" — XRP_CRO ???? AI / Gaming / DePIN (@stedas) September 13, 2025

Fibonacci Analysis Points to Key Price Milestones

Further bolstering the bullish outlook, cryptocurrency analyst Dark Defender employed Fibonacci retracement analysis to map XRP’s price trajectory. His observations indicate XRP is already testing initial weekly resistance levels, setting the stage for the next targets at $4.39 and $5.85. He also identified support zones at $3.01 and $2.85, which could serve as critical benchmarks for sustaining the rally.

The confluence of technical resistance breakthroughs coupled with the potential ETF launch has drawn significant attention from investors. Market dynamics suggest a shift toward mid- and long-term holding strategies as participants anticipate sustained gains during this bullish phase.

Ripple Effects in the Cryptocurrency Ecosystem

XRP’s rise comes at a time of growing momentum across the broader cryptocurrency landscape. Other altcoins, including Ethereum (ETH), Solana (SOL), and Dogecoin (DOGE), have also experienced bullish price action, reflecting a resurgence of optimism in the market. Industry analysts suggest that this renewed buzz is being amplified by increasing institutional interest and the advent of innovative investment vehicles like cryptocurrency ETFs.

The potential introduction of exchange-traded funds represents a watershed moment for the crypto sector. By providing a regulated, accessible investment route, ETFs are poised to accelerate mainstream adoption. XRP’s upward march may thus symbolize a larger transformation across the digital asset ecosystem.

As the rally continues, XRP's upward trajectory highlights not only its potential as a leading cryptocurrency but also broader trends shaping the next phase of crypto investment.

For real-time updates, follow [Block Media Telegram Channel].

Related Reading:

  • Is the Altcoin Season Finally Here? Insights on ETH, XRP, SOL, and DOGE
View original content to download multimedia: https://www.blockmedia.co.kr/archives/975828

Recommended News