VanEck Ranks XRPL Above JPMorgan Kinexys and Coinbase Base!

VanEck has placed the XRP Ledger at the top of its corporate blockchain rankings, scoring it above JPMorgan's Kinexys, Coinbase's Base, and Canton Network. The assessment cites XRPL's implied market cap of approximately $88 billion and $47 million in DeFi total value locked — early but real on-chain liquidity that VanEck views as a differentiator against more mature, bank-led rivals.

The ranking carries weight precisely because of who it displaces. Kinexys, formerly JPMorgan Onyx, is one of the most battle-tested institutional blockchain initiatives in existence, processing tokenized deposits and interbank settlement at scale. Beating it in an institutional asset manager's framework is a meaningful signal for XRPL's enterprise credibility.

On the price side, XRP is consolidating around $1.33 after briefly dipping under $1.30.