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Here’s How #High #XRP Price Could Reach if $XRP Dominance Climbs to 40%

XRP price could soar to greater heights if XRP dominance surpasses its all-time high to reach the 40% region.

XRP, which was once the second dominant crypto asset by a large mile, has since relinquished its position. For context, from October 2014, two years after the XRP Ledger launched, XRP overtook Litecoin (LTC) to become the second-largest crypto asset.

XRP Dominance Has Witnessed a Rollercoaster Ride

It mostly maintained this position until early 2016, when it began to battle Ethereum (ETH) for the spot. Meanwhile, data from TradingView indicates that XRP dominance soared from 2014 to 2015, rising from 0.35% in July 2014 to a peak of 20.69% by January 2015. This occurred as XRP became the second-largest crypto asset.

However, during the battle with Ethereum for the second spot, the XRP dominance saw gradual declines. Specifically, dominance collapsed to a low of 0.95% by March 2017, especially as XRP underperformed at the start of the 2017 bull run, pushing it lower the top 10 rankings.

Interestingly, XRP’s dominance recovered from March 2017 as XRP observed its historic run. Dominance soared to a new high of 31.33% amid the XRP rally to $3.8. This 31.33% marked the peak dominance for XRP, and since then, the metric saw intermittent declines until it hit 1.21% in early November 2024.