CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino
CoinTelegraph 2025-03-16 11:05:00

Forget Solana, XRP may flip Ethereum first amid 5-year high

XRP ( XRP ) price versus Ether ( ETH ) reached its highest level in five years over the weekend, extending its recovery. On March 15, the XRP/ETH pair touched 0.00128 ETH for the first time since April 2020. That amounts to a 925% rebound when measured from its all-time low of 0.00013 ETH established in June 2024 and approximately 620% gains since November 2024, when Donald Trump won the US presidential election. XRP/ETH weekly price chart. Source: TradingView XRP potential breakout versus ETH The XRP/ETH rally is fueling speculation among market watchers that XRP could flip Ether to become the second-largest cryptocurrency by market capitalization. For instance, analyst Dom highlights 0.0012 ETH as a historically significant resistance level, a threshold that has consistently preceded explosive rallies in past cycles. He notes that XRP has gone parabolic after breaking this resistance, delivering gains of at least 160% in previous instances. XRP/ETH 12-hour price charts. Source: TradingView/Dom He illustrated the same with three key breakout points—in early 2017, late 2017, and 2018 when XRP’s surged against Ether following a confirmed breach of the 0.0012 ETH resistance. As of March 16, XRP was once again testing this critical level. If history repeats itself, even a partial rally of 80% would be enough for XRP to flip ETH in market capitalization, DOM suggests, especially as Ether’s price risks more downside in 2025 . Related: XRP price poised for 46% gains after Ripple secures first Dubai license At $138 billion, XRP’s market cap is less than $100 billion short of hitting Ethereum’s. Moreover, XRP’s fully diluted valuation (FDV) briefly surpassed Ethereum's earlier this week. For context, FDV represents the total theoretical value of all tokens, including those not yet in circulation, whereas market capitalization only accounts for tokens currently in circulation. Why is Ethereum underperforming XRP? XRP’s market dominance has grown by over 300% since Trump’s reelection on Nov. 5. XRP.D vs. ETH.D daily price chart. Source: TradingView The same period has witnessed Ethereum losing its market share by over 35.50%, showing a clear lack of interest among traders for Ether compared to other top-ranking crypto assets. A key factor in this divergence is regulatory sentiment. Trump has positioned the US as the future " world’s crypto capital ,” appointing pro-crypto regulators and pledging to foster a more favorable environment. This shift has especially benefited XRP, which caters to enterprise users, particularly as Ripple unveiled an institutional DeFi roadmap in February. Meanwhile, Ethereum has slumped due to rising competition from rival layer-1 blockchains, particularly Solana ( SOL ). The Dencun upgrade in March 2024, which slashed Ethereum’s transaction fees by 95%, was intended to improve scalability. However, it has also reduced ETH burn rates, increasing supply and weakening its deflationary appeal and “ ultrasound money ” narrative. ETH supply rate since the Merge. Source: UltraSound Money At the same time, Solana’s dominance has risen, with its trading volume now rivaling Ethereum and all its layer-2 chains combined. The network’s faster and cheaper transactions have made it the go-to platform for DeFi activity, memecoin trading , and NFT markets, which Ethereum previously dominated. This shift has eroded Ethereum’s market share, particularly among traders and developers seeking high-speed, low-cost transactions. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约