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HomeCrypto NewsMarketXRP Takes Top Spot in Grayscale Weekly Crypto Snapshot

XRP Takes Top Spot in Grayscale Weekly Crypto Snapshot

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XRP’s recent performance has earned it the top position in Grayscale’s Crypto Snapshot, making it the best-performing cryptocurrency of the week. 

Fresh data from Grayscale Investments shows that XRP outperformed major assets like Stellar, Cardano, and Dogecoin to clinch the first position in Grayscale’s Crypto Snapshot – Asset. 

For context, the Crypto Snapshot – Assets is a weekly report from Grayscale showing the performance of the top 10 cryptocurrencies, excluding stablecoins. 

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XRP Leads with Over 9% Weekly Gain 

Notably, XRP led the ranking with a 9.7% gain for the week, spanning July 31 – August 7, 2025. This marks a remarkable turnaround for the token, which ranked sixth the prior week (July 24–31) following a 3.9% decline. 

Given its latest performance over the past week, XRP’s year-to-date returns (YTD) soared to around 59.4%, pushing its market cap to $196.4 billion. At the moment, XRP is trading at $3.29, up 11.30% over the past week and 36.45% in the past 30 days. 

Latest updates from the SEC and Ripple lawsuit had a significant impact on the performance of XRP this week. The token, which was gradually recovering from the widespread sell-off driven by President Trump’s tariff update, experienced a significant surge after the SEC and Ripple asked the Second Circuit to dismiss their appeals. 

Performance of Other Top 10 Non-Stablecoin Cryptos 

As a result, XRP secured the top position in the Grayscale Crypto Snapshot, outperforming Stellar and Cardano, which ranked second and third, respectively. 

According to the data, Stellar claimed the second position with a weekly gain of 9.1%. In comparison, Cardano’s price grew 6.3% over the week, positioning it as the third-best performing cryptocurrency in Grayscale’s Crypto Snapshot. 

Top 10 best performing cryptocurrencies Grayscale
Top 10 best performing cryptocurrencies | Grayscale

Notably, Dogecoin, Ethereum, Tron, and Solana occupied the fourth, fifth, sixth, and seventh positions, posting gains of 6.1%, 5.8%, and 4.2% over the week. 

Bitcoin sits near the bottom of the leaderboard, ranking eighth among the best-performing top 10 non-stablecoin cryptocurrencies. As of August 7, the premier cryptocurrency saw a modest gain of only 1.5% over the week. 

BNB and Hyperliquid found themselves in the ninth and tenth positions on the leaderboard. While BNB registered a slight growth of 0.5% over the week, Hyperliquid did not see any gain or loss in the same timeframe. Despite having a flat performance this week, Hyperliquid still has the highest year-to-date returns at 69.5%. 

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Lele Jima
Lele Jima
Lele Jima is a cryptocurrency enthusiast and journalist who is focused on educating people about how the nascent asset class is transforming the world. Aside from cryptocurrency-related activities, Jima is a lover of sports and music.

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