XRP Ledger Surpasses JPMorgan and Coinbase in VanEck Ranking

VanEck has released its latest ranking of corporate blockchains, placing the XRP Ledger (XRPL) at the top. This achievement comes as a surprise, given XRPL's competition from established initiatives like JPMorgan's Kinexys and Coinbase's Base.

The VanEck assessment highlights XRPL's significant market presence, with an implied market capitalization of approximately $88 billion. Additionally, the platform boasts $47 million in DeFi total value locked (TVL), indicating a substantial level of on-chain liquidity activity.

While XRP's current price stability around $1.33 suggests a bearish trend, analysts predict a potential path back to $3 if renewed ETF momentum and institutional inflows drive the market upwards.