XRP demonstrated significant market cap growth in Q3 2025, outperforming Bitcoin, Ethereum, and Solana combined, according to a Messari report. XRP's market cap increased by 29% to $170.3 billion, with its price closing at $2.85, a 27% rise quarter over quarter. In contrast, the combined market cap growth of Bitcoin, Ethereum, and Solana was 13.3%. The XRP Ledger experienced a 9% increase in average daily transactions and a 46% rise in new addresses. Ripple-backed Evernorth emerged as the largest corporate holder of XRP, acquiring 388 million tokens worth over $1 billion. Additionally, Ripple's RLUSD stablecoin saw a 34.7% growth on the XRP Ledger, while the RWA market cap on the Ledger surged 215% to $364.2 million.