Investor interest is shifting from Bitcoin to altcoins, with XRP becoming one of the strongest performers in July.
XRP’s market cap has surged more than 50% in the past 30 days, reaching $194 billion.
XRP is fast approaching a historic milestone, with its
market capitalization set to breach the $200 billion mark for the first time.
As Bitcoin consolidates near recent record highs, XRP has emerged as one of the
biggest altcoin gainers in July, reinforcing the broader shift of investor
interest toward non-Bitcoin digital assets.
Over the past 30 days, XRP's market cap has surged by
51%, reaching $194.83 billion by Thursday. According to CoinMarketCap, this is the highest market
cap XRP has recorded year-to-date since peaking at $189 billion early this year.
The gains come amid a significant rally in the XRP/USD
pair, up over 32% on the weekly chart. In comparison, Ethereum has gained
roughly 23%, ahead of Bitcoin, which has gained 6% in the same period.
This rising momentum among large-cap altcoins has
reignited the “altseason” narrative, a term used to describe phases when
capital rotates from Bitcoin into other cryptocurrencies.
Top four cryptocurrencies, Source: CoinMarketCap
XRP Price: Momentum Builds
In the last 24 hours alone, XRP and Ether posted over 9% and 5% gains, respectively, while Bitcoin remained range-bound, suggesting traders increasingly seek higher returns beyond the flagship crypto.
The recent rally in XRP aligns with a bullish
technical breakout from a descending triangle—a pattern often associated with
significant upward moves when confirmed by rising volume.
Adding to the optimism are similarities between the
current market setup and XRP’s strong performance in late 2024. At that time,
XRP entered overbought territory on the Relative Strength Index (RSI) and
stayed elevated for several weeks, leading to a 200% increase in market cap
that peaked around $195 billion.
The current rally in XRP and other large-cap altcoins
comes when Bitcoin appears to be losing its near-term momentum. As
BTC trades sideways following its record highs, altcoins are capturing
attention with stronger relative gains.
XRP and Ether now account for about 16% of the total
crypto market, and their outperformance compared to Bitcoin in July suggests a
strategic reallocation by investors. With rising trading volumes and positive
technical indicators, XRP's trajectory could further reinforce the growing
trend of diversification within crypto portfolios.
Whether XRP ultimately breaks through the $250 billion
mark will depend on continued investor appetite and broader market conditions.
But with its current setup and historical patterns in play, the asset appears
well-positioned to test new highs in the weeks ahead.
Recently, Grayscale Investments challenged the U.S. Securities and Exchange Commission after the regulator
halted the approval of its Digital Large Cap Fund. The product, which holds a
basket of top digital assets including Bitcoin, Ethereum, XRP, Solana, and
Cardano, had initially received a green light from the SEC’s Division of
Trading and Markets.
However, the approval was later halted pending
an internal agency review. Grayscale’s legal team contends that the SEC missed
its statutory deadline to intervene and is now calling for the approval to be
treated as final.
XRP is fast approaching a historic milestone, with its
market capitalization set to breach the $200 billion mark for the first time.
As Bitcoin consolidates near recent record highs, XRP has emerged as one of the
biggest altcoin gainers in July, reinforcing the broader shift of investor
interest toward non-Bitcoin digital assets.
Over the past 30 days, XRP's market cap has surged by
51%, reaching $194.83 billion by Thursday. According to CoinMarketCap, this is the highest market
cap XRP has recorded year-to-date since peaking at $189 billion early this year.
The gains come amid a significant rally in the XRP/USD
pair, up over 32% on the weekly chart. In comparison, Ethereum has gained
roughly 23%, ahead of Bitcoin, which has gained 6% in the same period.
This rising momentum among large-cap altcoins has
reignited the “altseason” narrative, a term used to describe phases when
capital rotates from Bitcoin into other cryptocurrencies.
Top four cryptocurrencies, Source: CoinMarketCap
XRP Price: Momentum Builds
In the last 24 hours alone, XRP and Ether posted over 9% and 5% gains, respectively, while Bitcoin remained range-bound, suggesting traders increasingly seek higher returns beyond the flagship crypto.
The recent rally in XRP aligns with a bullish
technical breakout from a descending triangle—a pattern often associated with
significant upward moves when confirmed by rising volume.
Adding to the optimism are similarities between the
current market setup and XRP’s strong performance in late 2024. At that time,
XRP entered overbought territory on the Relative Strength Index (RSI) and
stayed elevated for several weeks, leading to a 200% increase in market cap
that peaked around $195 billion.
The current rally in XRP and other large-cap altcoins
comes when Bitcoin appears to be losing its near-term momentum. As
BTC trades sideways following its record highs, altcoins are capturing
attention with stronger relative gains.
XRP and Ether now account for about 16% of the total
crypto market, and their outperformance compared to Bitcoin in July suggests a
strategic reallocation by investors. With rising trading volumes and positive
technical indicators, XRP's trajectory could further reinforce the growing
trend of diversification within crypto portfolios.
Whether XRP ultimately breaks through the $250 billion
mark will depend on continued investor appetite and broader market conditions.
But with its current setup and historical patterns in play, the asset appears
well-positioned to test new highs in the weeks ahead.
Recently, Grayscale Investments challenged the U.S. Securities and Exchange Commission after the regulator
halted the approval of its Digital Large Cap Fund. The product, which holds a
basket of top digital assets including Bitcoin, Ethereum, XRP, Solana, and
Cardano, had initially received a green light from the SEC’s Division of
Trading and Markets.
However, the approval was later halted pending
an internal agency review. Grayscale’s legal team contends that the SEC missed
its statutory deadline to intervene and is now calling for the approval to be
treated as final.
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
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▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
