The crypto market is on the rise, and this is clearly noticeable in XRP. Ripple’s digital currency broke through on Sunday and briefly surpassed even the largest asset manager in the world.
XRP groter dan BlackRock
On Sunday, October 5, 2025, XRP peaked at $3.06. This temporarily brought the market capitalization to $183.4 billion. The token was briefly worth more than BlackRock, the world’s largest asset manager with a market capitalization of approximately $180 billion.
BlackRock is the name behind the most successful exchange-traded funds (ETFs) in the world. His iShares Bitcoin Trust (IBIT) is now considered the best-performing ETF ever. It is now approaching the magical milestone of $100 billion in assets under management, much faster than any predecessor.
IBIT is BlackRock’s most profitable fund with annual returns of more than $244 million. In second place is his iShares Russell 1000 Growth (IWF). This fund is much larger (almost $122 billion in assets under management), but at IBIT the fees are simply higher.
BlackRock also owns the largest Ethereum ETF. The financial giant manages $18.5 billion in Ethereum (ETH) and earns around $42 million per year.
Will there be another rally for XRP?
At the time of writing, the XRP price has dropped slightly again. With a value of $ 2.98, the token is once again below the psychologically important limit of $ 3. The market capitalization amounts to 178.5 billion dollars, which means that XRP has to (narrowly) tolerate BlackRock again.
However, according to crypto analyst Ali Martinez, the digital currency faces a crucial point. If it manages to break the USD 3.15 barrier, it could herald a new rally towards USD 3.60. That would represent an increase of more than 20.8 percent.
The next catalyst for a new rally may be waiting as soon as this month. Ripple must complete an application for a National Trust Bank license before the end of October. That move would allow the company to issue stablecoins under federal supervision. It is a development that can further strengthen confidence in Ripple, and therefore indirectly also in XRP.
Furthermore, we also have to wait until XRP gets its own listed funds in the United States. These should be on the verge of approval, but with the US government shutdown we will have to be patient for a while.
Source: https://newsbit.nl/ripples-xrp-breekt-door-groter-dan-wall-street-reus-blackrock/
