XRP just got bumped down from third to fourth place in the crypto rankings, and it’s not looking great for Ripple fans right now. USDT managed to squeeze back into the top three spot with its market cap hitting around $167.6 billion, while XRP couldn’t hold onto its position after losing more than 6% this week.
$XRP drops down to #4 in crypto market cap. pic.twitter.com/OFVs7rfDVi
— Acropolis Inferno Investment Strategies (@AcroInferno) August 29, 2025
Things were looking pretty good for XRP not too long ago. Back in July, the token was flying high and even hit a crazy new record of $3.65 after breaking out from where it was stuck around $2.2 for ages. But since then, it’s been a bit of a rollercoaster ride, and not the fun kind.
The token keeps dipping below that crucial $3 level, which isn’t great news for holders. When Bitcoin started tanking and hit its lowest point in seven weeks, XRP got dragged down with it and dropped all the way to $2.73. That was the lowest we’d seen since the beginning of August.
Even though it’s bounced back a little to just over $2.8, XRP is still down 4% today and 6% for the week. What’s even more interesting is that Ripple as a company has also slipped in the global rankings, falling from the top 100 companies down to 121st place.
Conclusion
Despite current struggles, many analysts remain optimistic about XRP’s long-term potential, suggesting this downturn might just be temporary in the bigger picture.
Also Read: XRP Breakout
