VanEck has placed the XRP Ledger at the top of its corporate blockchain rankings, beating out JPMorgan Kinexys, Coinbase Base, and the Canton Network. The asset manager pointed to XRPL's implied market cap of roughly $88 billion and $47 million in DeFi total value locked. Separately, Bitcoin Hyper raised $32 million in a presale for its Bitcoin Layer 2, the first to integrate the Solana Virtual Machine.
VanEck's top pick
VanEck's assessment puts XRPL ahead of several well-funded competitors. The firm's analysis highlights the network's existing market cap and TVL as signs of adoption. The ranking doesn't include Ethereum or Solana — it's specifically for enterprise-focused blockchains — but the nod from a major asset manager gives XRPL some extra credibility in the corporate crowd.
Bitcoin Hyper's play for scalability
Bitcoin Hyper raised $32 million at $0.0136 per $HYPER token. The project pitches itself as a fix for Bitcoin's slow throughput and high fees, using a Decentralized Canonical Bridge to move BTC onto its L2. By adopting the Solana Virtual Machine, it offers sub-second finality and cheap smart contracts while keeping Bitcoin's security. Early participants can stake tokens for high APY.
Bitcoin Hyper's presale is still open at that price, and the team is betting that developers tired of Ethereum's congestion will jump at a Bitcoin-anchored alternative with Solana-style speed.
For XRP holders, the ranking is a positive signal but doesn't change the token's day-to-day price grind. Bitcoin Hyper, meanwhile, has to deliver on its testnet and mainnet promises before the presale hype translates into a working chain. Both stories point to a market still hungry for infrastructure that actually scales.
