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XRP flips Pepsi 🥤

XRP flips Pepsi 🥤

With great gains come great flippenings. XRP's market cap briefly flipped PepsiCo, Uber, and BlackRock.

Stacy Jones
July 23, 2025

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📝 What you need to know

How’s this as a rallying cry for the XRP Army: For a while this morning, XRP’s $203 billion market capitalization made it larger than PepsiCo, Uber, BlackRock and put it within striking distance of McDonald’s, according to Infinite Market Cap.

It didn’t last, however. The XRP market cap has since slipped to $191 billion. That’s still bigger than BlackRock and Uber—but Pepsi, the choice of a new generation, has pulled ahead.

Analysts have started to warn that even if alts like XRP, Ethereum, and Solana look primed for a strong end of the year, the current frothy market could produce some near term volatility.

The advice from one analyst at BRN: Stay in cash or stables to minimize losses and get back into alts at a favorable entry point.

XRP Now Larger Than PepsiCo, Uber, Blackrock—And Is Closing in on McDonald’s

The cryptocurrency has grown to be larger than some of the biggest firms in the world after setting a new all-time high.

Why Ethereum Will Keep Climbing in Coming Months: Bitwise

Ethereum is likely to head higher as demand for ETH outpaces the supply, an analyst from ETF issuer Bitwise wrote in a recent memo.

Are Things Getting Too Frothy for Ethereum, XRP and Other Top Altcoins?

Is altcoin season in trouble? Ethereum, XRP, and Dogecoin are leading crypto losses Wednesday after alt open interest hit a new peak.

MARA Stock Dives as Bitcoin Miner Reveals Plan to Raise $850 Million to Buy More BTC

Bitcoin miner MARA Holdings plans to raise $850 million through a private sale to buy more BTC—and its stock has fallen 10% on the day.

Goldman Sachs, BNY Mellon Collaborate on Tokenized Money Market Product

Global financial firms Goldman Sachs and BNY Mellon are working together on a tokenized money market product.

📊 Myriad Market of the Day

Pump.fun token (PUMP) airdrop by the end of July?

Trade "Pump.fun token (PUMP) airdrop by the end of July?" on Myriad

From our partner

Messari’s recent Pulse Report on Flare spotlights Flare’s emergence as the network turning XRP into a powerful engine for decentralized finance (DeFi). With trust-minimized infrastructure, real yield opportunities, and a radically composable data layer, Flare is laying the foundation for a new era of cross-chain value creation — starting with XRPFi.

🤡 Meme of the Day

Source: SrGrafo

🥇 Be First to Market With Myriad

Join the Myriad Markets Telegram to see the latest prediction markets the second they drop!

With Myriad, the on-chain prediction market launched by Decrypt’s parent company DASTAN, you can break the news and stake the news, using USDC and points.

🌐 From Our Hubs

🎮️ GG: 'Tokyo Beast' Speedruns Crypto Game Cycle, Shutting Down Just a Month After Launch

In a positive wrinkle, the makers of Tokyo Beast will compensate NFT owners and some TGT token holders amid the game’s closure.

🤖 EMERGE: Can AI Solve the Dick Pic Epidemic?

Dating app Flirtini thinks AI can solve one of online dating's most persistent problems: the unsolicited nude photo. A new survey shows women are exhausted, but there's hope.

🎭️ SCENE: Tesla’s Retro Diner Opens in Los Angeles with Burgers, Big Screens and Angry Neighbors

Visitors waited hours to try the 250-seat venue, where movies play during charge times and Musk’s humanoid robot hands out popcorn.

📚 Watch and Learn

📹️ WATCH: Kraken Embed is a 'One-Stop Shop' for TradFi Crypto Integrations

Brett McLain, Head of Payments and Blockchain Business Unit at Kraken, explains how its new Kraken Embed service for fintechs reflects the evolving role of centralized exchanges in the crypto ecosystem.