Ripple, the company behind the cryptocurrency XRP, has been ranked sixth in the Prime Unicorn Index with a valuation of over $26 billion. This prestigious index tracks U.S. private companies valued above $1 billion, placing Ripple alongside major entities like SpaceX, which leads the list with a valuation exceeding $1.2 trillion. Ripple is the only crypto company in the top 10, underscoring its strong position in the private sector.
Despite this recognition, XRP's price has not reacted positively, trading around $1.40 with a 1.5% daily decline. However, increased institutional interest, as evidenced by net inflows into spot XRP ETFs, suggests potential bullish momentum. Analyst Ali Martinez noted a buy signal from XRP's TD Sequential indicator, hinting at a possible price rebound.
Ripple Valued at $26 Billion, Joins Prime Unicorn Index
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