XRP's market capitalization has surged past $188 billion as of mid-September 2025, overtaking major corporations such as Shopify, Verizon, and Citigroup. This milestone is attributed to heightened investor optimism and speculation regarding potential ETF approvals. Ripple Labs, Inc., under the leadership of CEO Brad Garlinghouse, is the driving force behind XRP. The cryptocurrency's value increase is bolstered by robust trading activity on platforms like Kraken, attracting institutional investors. While Ripple's leadership has not officially commented, the crypto community remains optimistic about XRP's growth, with market trends indicating strong support.