PANews reported on December 1 that according to the latest data from Infinite Market Cap, the market value of XRP has exceeded US$110 billion, setting a new record high, currently reaching US$110.55 billion, with an increase of 33.91% in the past seven days. Its ranking in the global asset market value rankings has also risen by 13 places to 177th, surpassing luxury giant Dior and semiconductor giant Micron Technology.