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\n\t\t\t\t\t\t\t\t\tRipple now appears alongside heavyweights like SpaceX, OpenAI, and Anthropic. Check out how. \t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
The company behind the popular cryptocurrency XRP made a prestigious list alongside major private companies such as SpaceX.<\/p>\n
The news has failed to trigger a price resurgence in its native token, which remains in the red for the day. However, certain indicators suggest it might be gearing up for a rally.<\/p>\n
Ripple has earned<\/a> recognition as one of the top 10 entities included in the Prime Unicorn Index, highlighting its strong position in the private-company landscape. Specifically, it ranks sixth on the list with a valuation of over $26 billion.<\/p>\n The undisputed leader is Space Exploration Technologies Corporation (better known as SpaceX), which is valued at more than $1.2 trillion. The second position goes to OpenAI, with a valuation of around $917 billion, while Anthropic comes in third at roughly $332 billion. It is important to note that Ripple is the only crypto company part of that prestigious club.<\/p>\n The index tracks the performance of US private companies valued above $1 billion. It uses a modified capitalization model and serves as a benchmark for financial products tied to such entities. Currently, the index includes 232 companies with a combined valuation of more than $3.4 trillion.<\/p>\n This is hardly the first time Ripple has been featured in a prestigious ranking. In 2024, CNBC and Statista\u00a0ranked<\/a> it among the top 250 fintech companies worldwide<\/span>. In 2022, People\u2019s Magazine positioned<\/a> Ripple as the 4th Best Workplace for Parents and the 21st Best Workplace in Technology.<\/p>\n The company\u2019s cross-border token experienced little to no volatility following the disclosure and has been trading at around $1.40, representing a 1.5% daily decline.<\/p>\n At the same time, the solid institutional interest signals that the asset could be on the verge of a price increase. Inflows into spot XRP ETFs have dominated<\/a> outflows over the last few weeks, indicating that pension funds, hedge funds, and other investors have increased their exposure to the asset, which could support a potential bullish momentum.<\/p>\n For his part, the renowned analyst Ali Martinez claimed<\/a> that XRP\u2019s TD Sequential indicator has flashed a new buy signal on the four-hour chart.<\/p>\n \u201cI pay close attention to this setup because it has accurately anticipated every major trend shift in XRP recently. For instance, on May 6, I noted the indicator flashed a sell signal at the $1.46 high. That call perfectly timed the local top, leading to the 5.5% correction we\u2019ve seen over the last 48 hours. Today, the indicator has flipped to a buy signal. To me, this suggests the local exhaustion is over, and XRP is ready to rebound,\u201d he said.<\/p>\n<\/blockquote>\n Earlier this week, Martinez argued<\/a> that a confirmed close above $1.45 could open the door to a rise to as high as $1.80.<\/p>\nNo Reaction From XRP<\/h2>\n
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