XRP exceeds USDT by market cap as price shows early recovery: XRP’s market capitalization recently topped USDT, reaching roughly $170.37 billion amid a 2.2% 24‑hour price gain. This shift reflects renewed buying interest, Ripple’s expanded Thunes partnership, and heightened derivatives activity.
-
XRP surpasses USDT in market cap — ~$170.37B vs $168B for USDT
-
Ripple expands partnership with Thunes Network, strengthening payments use cases.
-
XRP futures saw $5 million liquidated in 24 hours, signaling active leverage in the market.
Meta description: XRP exceeds USDT by market cap as price shows recovery — market data, Ripple-Thunes tie-up, futures liquidations, and LINEA airdrop explained. Read now.
Published: — Updated:
What caused XRP to exceed USDT by market cap?
XRP exceeds USDT by market cap after a combination of spot buying, Ripple’s strategic partnership expansion, and concentrated futures activity. XRP’s market capitalization reached approximately $170.37 billion while USDT’s circulating equivalent stands near $168 billion, driven by a 2.2% 24‑hour price gain and higher altcoin rotation.
How did price and market data change in the last 24 hours?
XRP added 2.2% in the past 24 hours and is trading at about $2.86 on major spot platforms, according to CoinGecko data cited in reporting. The move pushed XRP’s capitalization above USDT’s $168 billion circulation equivalent. Short‑term liquidations in futures markets totaled roughly $5 million within 24 hours, signaling active leveraged positions.

Image by CoinGecko
Why does Ripple’s tie-up with Thunes matter for XRP?
Ripple’s expanded collaboration with Thunes Network strengthens cross-border payment rails that can increase transactional utility for XRP. Increased real‑world payment integrations typically support higher on‑chain volume and can improve market sentiment for tokens tied to payment infrastructure.
What does the futures liquidation figure indicate?
$5 million in XRP futures liquidations in 24 hours points to elevated leverage and short‑term volatility. Large liquidations often follow rapid price swings and can trigger additional momentum as auto‑deleveraging and margin calls adjust positions across exchanges.
When could XRP’s longer-term trend change?
XRP remains below its late July 2025 high above $3.64 and is still inside a prolonged downtrend that began July 28, 2025. A decisive break above prior resistance levels with sustained volume and lower leveraged exposure would be required to confirm a trend reversal.
Frequently Asked Questions
How did XRP’s market cap compare to USDT recently?
XRP’s cap rose to approximately $170.37 billion, edging above USDT’s circulating equivalent near $168 billion. This ranking shift is notable given USDT’s long‑standing dominance among stablecoins and highlights temporary market reallocation into XRP.
What are the implications of Ripple and Thunes expanding their partnership?
Expanded collaboration may widen cross‑border payment corridors using Ripple’s technology, potentially increasing XRP transaction volume and real‑use cases. Market participants view such partnerships as positive utility signals.
Is Bitcoin or Ethereum outperforming altcoins?
No. Bitcoin and Ethereum appear relatively anemic in recent sessions while several altcoins, including XRP, have outperformed on percentage gains and headline activity.
Key Takeaways
- XRP market cap outpaced USDT: XRP reached about $170.37B versus USDT’s $168B, driven by spot gains.
- Market mechanics: $5M in futures liquidations show heightened leverage and volatility.
- Structural drivers: Ripple’s expanded partnership with Thunes supports payment use cases and market sentiment.
Conclusion
The short‑term recovery in XRP, underscored by market cap surpassing USDT, reflects a mix of spot demand, strategic partnerships, and derivatives activity. Investors should monitor on‑chain volume, liquidation levels, and progress on Ripple‑Thunes integrations. For ongoing coverage, COINOTAG will continue to report verified market data and official announcements.