Despite a broader market lull, the XRP price may be due for another upside, with the latest tailwinds drawing from multiple bullish fundamentals.

Data shows that Ripple is among the world’s most valuable private companies, though other crypto firms are also featured on the list.

Ripple Ranks Among the Most Valuable Private Companies, CB Insights Shows

Data on CBInsights shows Ripple among the world’s most valuable private companies with a valuation above $15 billion. The platform’s list of unicorn companies shows Ripple at position 23 in a list topped by Elon Musk’s SpaceX at $350 billion valuation.

Notable Ripple investors include IDG Capital, Venture51, and Lightspeed Venture Partners. The firm joined the unicorn list on December 20, 2019.

“A unicorn company, or unicorn startup, is a private company with a valuation over $1 billion. As of July 2025, there are over 1,200 unicorns around the world,” CBInsights explained.

Notably, Ripple is among the 31 of the 50 most valuable private companies in the US. Other blockchain or crypto companies highlighted in the ranking include NFT marketplace OpenSea, with $13.30 billion, Bitman Technologies, and the KuCoin Exchange.

Beyond this market lead, Ripple’s powering token may soon turn heads, with XRP price action suggesting a looming recovery rally.

Will XRP Price Recover Amid Growing Momentum?

On the one-day chart for the XRP/USDT trading pair, the Ripple price has recovered most of the ground lost during the Saturday crash.

With the $2.7346 level holding as support, the XRP price may give late bulls a buying opportunity before the next leg up.

Based on the RSI (Relative Strength Index) indicator, momentum continues to grow despite the recent XRP market drawdown. This is seen with the higher lows on the RSI. If history rhymes (purple highlights on the RSI), XRP price could extend the ongoing recovery.

The volume profiles add credence to this supposition, showing XRP bulls are waiting to take an interest with the Ripple price around the $2.9750 threshold.

Increased bullish momentum could see XRP price rise, with a foray past the $3.1454 setting the tone for further upside. A decisive move above this roadblock could position the Ripple price to confront the resistance order block between $3.4823 and $3.6570.

This order block, the supply zone, prevents the Ripple price from reaching its new all-time high (ATH), which was $3.6607 on July 18.

XRP bulls looking to take long positions for Ripple’s next push toward a new peak should probably consider waiting for a candlestick close above the mean threshold of $3.5527 on the one-day timeframe.  

However, cognizant of the selling pressure at current levels, seen with the black bars of the horizontal volume profiles, the XRP price could drop before reaching the $2.9750 blockade.

If the support at $2.7346 breaks, the Ripple price could drop to the bullish FVG (fair value gap) between $2.5678 and $2.6629. A candlestick close below the consequential encroachment (CE) at $2.6168 could exacerbate the downtrend.

“The MVRV ratio flashed a death cross for XRP, suggesting a steeper correction could be underway,” wrote Ali, an on-chain analyst on X (Twitter).

However, XRP still enjoys significant bullish volume below the bullish FVG, which positions the Ripple price for a possible turnaround around these levels.