XRP Dominates Grayscale’s Weekly Crypto Report – Here’s Why It Matters
XRP just flipped the script in Grayscale's latest crypto rankings—stealing the spotlight as institutional interest surges. The once-controversial asset now leads the pack, defying skeptics and signaling a potential shift in market sentiment.
Grayscale's institutional thermometer heats up
The digital asset manager's weekly snapshot reveals what smart money's watching—and suddenly everyone's paying attention to the Ripple-backed token. No regulatory clarity? No problem—Wall Street's playing a different game.
XRP's quiet revenge tour
While Bitcoin maximalists were busy meme-ing, XRP methodically climbed Grayscale's leaderboard. The token's resurgence proves crypto's first rule: today's courtroom villain is tomorrow's institutional darling.
Bonus jab: Meanwhile at the SEC, lawyers are still trying to figure out if XRP is a security, a commodity, or a Rorschach test for bureaucrats.
Top 10 best performing cryptocurrencies GrayscaleTop 10 best performing cryptocurrencies | Grayscale
Notably, Dogecoin, Ethereum, Tron, and Solana occupied the fourth, fifth, sixth, and seventh positions, posting gains of 6.1%, 5.8%, and 4.2% over the week.
Bitcoin sits near the bottom of the leaderboard, ranking eighth among the best-performing top 10 non-stablecoin cryptocurrencies. As of August 7, the premier cryptocurrency saw a modest gain of only 1.5% over the week.
BNB and Hyperliquid found themselves in the ninth and tenth positions on the leaderboard. While BNB registered a slight growth of 0.5% over the week, Hyperliquid did not see any gain or loss in the same timeframe. Despite having a flat performance this week, Hyperliquid still has the highest year-to-date returns at 69.5%.
