Market Cap Hits $189 Billion Amid Major Institutional Adoption
XRP is making headlines again — now trading at $3.20 with a market cap of $189 billion — as it gains fresh momentum in the real-world utility race. The latest boost? A groundbreaking SEC filing from Wellgistics Health, a Nasdaq-listed healthcare company, signaling deep integration of XRP and the XRP Ledger (XRPL) into its core operations.
In its newly submitted S-1 form, Wellgistics outlines plans to leverage XRP beyond just payments. The company intends to utilize XRP for B2B settlements, treasury reserves, collateral, and even capital-raising initiatives. Adding to the bullish outlook, the filing reveals a $50 million commitment from LDA Capital to accelerate XRP-related infrastructure at the firm.
If executed, this could mark one of the most significant institutional uses of XRP to date — and a defining moment for Ripple’s ecosystem in 2025.
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