XRP continues to recover in the cryptocurrency market, currently trading between $1.35 and $1.38 as of September 11. The digital asset’s market capitalization stands at around $85 billion, making it the fifth largest by market cap, according to CoinGecko. XRP has posted significant gains over the last month, climbing more than 30% and rising about 7% in the past week. Despite occasional price fluctuations, the recent upward momentum has been largely driven by institutional capital entering the market through spot XRP exchange-traded funds in the United States.