XRP dwarfs made in USA cryptocurrencies with over 30% share

XRP has emerged as the clear heavyweight within the made-in-USA cryptocurrency space, commanding a dominant share of the sector’s total market value.

At press time, the combined market capitalization of made-in-USA cryptocurrencies stood at $380.42 billion. XRP alone accounts for $115.62 billion of that total, giving the token a market share of 30.39%, according to CoinGecko data.

This means nearly one in every $3 invested in U.S.-linked crypto assets is concentrated in XRP, highlighting the asset’s outsized influence relative to its peers.

Market data shows XRP trading at around $1.91, with a 24-hour trading volume of approximately $2.73 billion, placing it among the most actively traded assets in the broader crypto market.

By comparison, other major made-in-USA cryptocurrencies trail by a wide margin in both valuation and liquidity. Solana (SOL) carries a market capitalization of roughly $70.85 billion, while USDC stands at about $77.11 billion.

Meanwhile, Cardano’s (ADA) market cap sits near $13.67 billion, Chainlink’s (LINK) around $8.89 billion, Stellar’s (XLM) at approximately $7.13 billion, and Zcash’s (ZEC) close to $7.36 billion.

Overall, while the made-in-USA category includes diverse projects ranging from smart contract platforms to payment networks and privacy coins, capital remains heavily concentrated in XRP.

Why XRP is dominating 

XRP’s dominance is closely tied to the legal and regulatory clarity achieved in 2025. The resolution of the long-running case between Ripple Labs and the U.S. Securities and Exchange Commission removed a major overhang that had constrained the asset for years.

The conclusion of the case, including the dismissal of appeals and confirmation that XRP’s retail sales are not securities, provided regulatory certainty that few other large-cap cryptocurrencies can match. This clarity has reinforced XRP’s status as the most institutionally viable U.S.-linked crypto asset.

Despite this legal victory, XRP’s price has remained below $2 after being weighed down by broader crypto market volatility. 

Analysts point to a mix of profit-taking following the legal resolution, macroeconomic pressure on risk assets, and the fact that much of the positive outcome had already been priced in well before the final rulings.