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The recent surge in XRP’s price briefly pushed its market value past that of BlackRock, the world's biggest asset manager
Crypto analysts believe this bullish run—which
saw XRP's market cap hit around $183.4 billion, topping BlackRock's near-$180 billion valuation—is directly tied to a key move by Ripple. The company is fast-tracking its application for a U.S. national trust bank charter.
Essentially, the market is thrilled because getting this federal charter would allow Ripple to run a stablecoin under U.S. federal regulation. With the official application deadline for the charter closing in this month, investors see this regulatory clarity as a massive, long-term positive for the future value of XRP.
#Xrp🔥🔥 BlackRock