According to a recent quarterly report from crypto analytics firm Messari, XRP not only held its ground but saw measurable growth in both market capitalization and on-chain activity. This performance contrasts sharply with the decline of major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), which collectively lost 22% in value during the same period. The report highlights XRP’s significant surge in market cap, reaching $121.6 billion. Despite a modest price increase of just 0.5% during the quarter, XRP’s circulating market cap increased significantly, driven by a 1.4% rise in circulating supply. Year-on-year, XRP’s market cap soared by 252%. This outperformance sets XRP apart from its large-cap peers.