XRP Surpasses Shopify – ETF and Bank License Could Be Next Big Shock
XRP has carved out a new milestone in its journey toward mainstream finance, entering the list of the 100 most valuable assets worldwide by market capitalization.
The achievement marks another step in the token’s evolution from a crypto-native asset into a contender on the global stage.
XRP Joins the Global Elite
According to data from Companiesmarketcap, XRP now holds the 94th spot among the world’s largest assets, surpassing Canadian e-commerce giant Shopify. This places the token alongside traditional heavyweights such as Booking Holdings, Texas Instruments, and Verizon, a remarkable climb for an asset that began as a niche player in the digital currency space.
The inclusion highlights the growing recognition of cryptocurrencies as part of the broader financial ecosystem. While Bitcoin and Ethereum continue to rise in global rankings, XRP’s move into the top 100 reinforces its role as one of the most significant altcoins of this cycle.
Rising Expectations for Major Catalysts
Momentum around XRP could intensify further in the months ahead. Market insiders are closely watching two developments that could transform its standing in October. The first is the long-awaited decision on an XRP spot ETF. Although the SEC delayed its verdict, approval would inject major liquidity into the asset by giving institutional investors direct access.
The second is Ripple’s push for a U.S. banking license. The company has already applied for both a Federal Reserve master account and a national banking charter. If granted, Ripple would become one of the first crypto firms formally integrated into the U.S. financial system — a landmark shift with implications far beyond XRP itself.
Toward Institutional Acceptance
Analysts believe that securing both a bank license and ETF approval in the same month could permanently cement XRP’s status as a core asset in global finance. Such milestones would mark the transition from speculative trading to widespread institutional adoption, placing XRP alongside commodities, stocks, and currencies that dominate today’s global markets.
For now, the token’s rise into the top 100 confirms what many in the “XRP Army” have long argued: that XRP is no longer just another altcoin but a growing force in the broader financial hierarchy. With October on the horizon, the stage may be set for its next leap forward.
The information provided in this article is for informational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
Alexander Zdravkov is a market analyst and crypto journalist with interests in economics, broader financial markets and digital assets. His journey into crypto began more than four years ago, driven by a fascination with the rapid evolution of blockchain technology and the transformative potential of decentralized finance. He began analyzing market cycles and identifying emerging trends before they reach the mainstream. He holds a degree in International Relations - a background that helped shape his broader perspective on global economics, geopolitics, and the interconnected nature of modern financial markets. Whether covering the latest developments in the crypto sector or exploring broader macroeconomic themes, Alexander focuses on giving readers context rather than simply repeating headlines. During his career, he has authored more than 10,000 articles covering cryptocurrencies, traditional finance, and global market developments. His work spans everything from Bitcoin and altcoins to macroeconomic trends influencing risk assets worldwide.
