XRP, the third-largest cryptocurrency in the world, is sending moderately optimistic signals to its community. Amid the news of Ripple expanding its collaboration with Thunes Network, the capitalization of XRP exceeded $170 billion.
XRP exceeds USDT by market cap as price shows first signs of recovery
XRP, a Ripple-linked cryptocurrency, is among the best performers in the top 20 altcoins by market cap. In the last 24 hours, its price added 2.2%. XRP is trading at $2.86 on major spot cryptocurrency exchanges, CoinGecko data says.
XRP’s capitalization has, therefore, exceeded that of U.S. Dollar Tether (USDT), the largest altcoin ever. XRP’s cap hit $170.37 billion in equivalent while USDT’s circulation is $168 billion in equivalent.
At the same time, XRP still fails to break from its prolonged downtrend that started July 28, 2025, when XRP’s price reached its 2025 record high over $3.64. In just a few weeks, XRP’s price lost 27.2%, while altcoin markets in general are outperforming.
As covered by U.Today previously, the outlook of midterm trends still remains pessimistic for XRP.
Ripple, Thunes Network expand partnership
U.S. payments heavyweight Ripple yesterday expanded its partnership with Thunes Network, a global operator of payment solutions for businesses and institutions. Ripple will be fueling the digital asset infrastructure of Thunes Network, serving its audience of 3 billion mobile wallets and 4 billion bank accounts in 130+ countries across the globe.
By leveraging Thunes’ stack of solutions with Ripple’s blockchain-powered value transfer infrastructure, the two teams are driving more cost-effective cross-border payments for financial institutions, organizations and merchants worldwide.
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Dan Burgin
Vladislav Sopov
U.Today Editorial Team
