XRP’s 60% Weekly Gain Defies Broader Crypto Bearish as Bitcoin Stalls Below $30K

“XRP has a market capitalization of more than 3.5x that of ADA and SOL, which is typically the largest component outside of BTC and ETH, which weigh a little over 1% each,” Lavant said. “If XRP is included in the underlying index, the asset could represent 4-5% of the composition of the top broad crypto index.”