What happened?
A Kaiko survey of analysts ranked XRP as the second most popular cryptocurrency, tied with Ethereum and behind Bitcoin. Kaiko’s ranking is based on a 100-point index that evaluates use cases, resources, and research for each token. The article also notes rising institutional interest — a new spot XRP ETF raised about $100 million and XRP’s price recently bounced from roughly $2.08 up toward $2.30 after finding support near $2.10.
Who does this affect?
This matters to retail and institutional investors who follow rankings and ETF flows for signals about where to allocate capital. It impacts the Ripple ecosystem — developers, validators, and companies building on the XRP Ledger — as well as active traders watching support and momentum. Wallet and DeFi projects like the Best Wallet Token presale could also see more attention as demand for custody and easy access grows.
Why does this matter?
Increased institutional awareness and early ETF inflows can boost liquidity and sentiment, which may help XRP’s rebound and could potentially push prices higher toward levels some analysts reference. Credible rankings from firms like Kaiko can steer capital and coverage toward certain tokens, influencing exchange listings and fund allocations. If interest keeps rising, related infrastructure — custody, wallets, and DeFi integrations — stands to benefit and that can have spillover effects on other altcoins and overall market activity.