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XRP Is 3% of the Crypto Market. Ripple Has Spent Years Signing Bank Deals to Change That Number. Here Is What Moved It Instead.

XRP Is 3% of the Crypto Market. Ripple Has Spent Years Signing Bank Deals to Change That Number. Here Is What Moved It Instead.

Ripple has spent years inking deals with banks and payment giants, yet XRP’s slice of the crypto market keeps telling a different story. The forces actually shifting XRP’s dominance have almost nothing to do with those partnerships.

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XRP (CRYPTO: XRP) currently holds a 3.14% share of the overall cryptocurrency market, a figure Ripple has worked hard to increase through partnerships with banks and payment companies. Valued at $1.40, XRP has a market capitalization of about $88.5 billion, compared to a total crypto market cap of roughly $2.81 trillion.

Over the past week, XRP has declined 7.7%,…

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