The total cryptocurrency market cap surpasses $4 trillion, driven by strong price movements in Bitcoin, Ethereum, and XRP. Bitcoin accounts for 59.9% of the market, Ethereum 10.8%, and XRP emerges as a top performer. XRP breaks $3.60, surpassing a $210 billion market cap as the third-largest crypto.

XRP/KRW trading volume on Upbit hits $2.2 billion in 24 hours, reflecting intense retail trading activity in Korea. XRP’s popularity in Korea is due to its low unit price, high volatility, and familiarity among local traders. XRP consistently ranks as a top-traded asset in the region.

The total market value for Q2 increased by 24%, with $663.6 billion in recovered capital, bringing the market to $3.5 trillion by the end of June. The total market cap now exceeds $4 trillion, with capital flowing overwhelmingly into BTC. Ethereum was the only top-7 non-BTC asset to gain in dominance.

Decentralized exchanges saw their strongest quarter yet, with spot DEX trading volume growing by 25.3% to $876.3 billion. PancakeSwap emerges as the largest DEX, capturing 45% of Q2 trading volume. Perpetual trading on decentralized platforms reaches record highs, with Hyperliquid leading the way.

Circle’s IPO was oversubscribed 25 times, debuting at $31 and peaking at $298.99 within weeks. Despite centralized exchange activity lagging, Binance remains the top platform. The data signals a shift towards decentralization in both infrastructure and trading behavior.

Read more at Yahoo Finance: Bitcoin, Ethereum, XRP Lead Crypto Market Cap Rebound Above $4 Trillion