XRP has secured the second position in Kaiko's Q3 2025 rankings, equaling Ethereum with a score of 95/100 and an AA rating. This achievement is attributed to XRP's strong liquidity, market depth, institutional adoption, and the maturity of its derivative products. In contrast, Solana and Dogecoin lagged due to weaker liquidity and market depth. Stellar, often associated with XRP, received a B rating and underperformed in most categories. Kaiko's rankings highlight a shift in institutional focus towards infrastructure quality rather than speculative factors, underscoring the evolving priorities in the cryptocurrency market.