Ripple: XRP Runs Past Ethereum
Ripple's XRP's fully diluted market valuation surpassed Ethereum's (ETH). Ethereum's $195 billion has been overshadowed by XRP's $208 billion fully diluted value
Quick overview
- Ripple's XRP has surpassed Ethereum's fully diluted market valuation, reaching $208 billion compared to Ethereum's $195 billion.
- Despite being ranked third in traditional market capitalization, XRP's strong performance has analysts predicting its potential to surpass ETH.
- XRP's market cap remains low due to a significant portion of its supply being held in escrow, despite increasing interest and usage.
- With XRP outperforming Ethereum for over five months and gaining regulatory clarity in the U.S., a complete market cap flip appears more likely.
Live XRP/USD Chart
Ripple’s XRP’s fully diluted market valuation surpassed Ethereum’s (ETH). Ethereum’s $195 billion has been overshadowed by XRP’s $208 billion fully diluted value. This drew attention to the token’s long-term position in the cryptocurrency space.
XRP is currently ranked third behind Ethereum in traditional market capitalization; however, its recent strong performance has prompted analysts to reevaluate its potential for further growth. Experts have long predicted that XRP will eventually surpass ETH.
Its market capitalization remains low, even though interest and usage of XRP are increasing, because Ripple has a substantial portion of its supply in escrow.
In addition to what is currently in circulation, the fully diluted market cap accounts for the entire supply of a token.
Now that XRP has been outperforming Ethereum for more than five consecutive months, the longest period since the two tokens have coexisted, the prospect of a complete market cap flip is becoming more likely. Ongoing changes in its ecosystem and heightened institutional involvement have contributed to XRP’s steady momentum.
The U.S. now has complete regulatory clarity and is poised for greater institutional adoption after the Securities and Exchange Commission (SEC) rejected its appeal against Ripple.
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