XRP has experienced a remarkable 90% price increase since April, propelling its market capitalization to $215 billion. This surge has enabled XRP to surpass the market cap of McDonald's, which stands at approximately $214.72 billion. The rise in XRP's value is largely attributed to favorable US legislation that classifies XRP as not a security, enhancing investor confidence.
Despite a recent dip to $3.46, market experts remain optimistic about XRP's potential, citing strong price breakouts and significant whale buying activity. The outlook for XRP continues to be promising, supported by new regulations and compliance with investor protection measures.
XRP Market Cap Surpasses McDonald's Amid 90% Price Surge
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