XRP surpassed Ethereum in a way that no one expected
On-chain data shows that 80% of the XRP supply is in profit, outpacing 61% of Ethereum.
This "profit gap" suggests that XRP holders have stronger conviction than their counterparts in ETH.
Despite the massive gains, low volume indicates that most XRP holders are not selling their positions.
XRP's impressive performance in 2025 has created a remarkable market situation. After a massive rally that began last November, a staggering 80% of the total circulating supply of the cryptocurrency is now in a profitable state.
While it maintains significant gains, on-chain data suggests that the vast majority of these holders are keeping their positions and betting on even higher prices.
What do the profit metrics on-chain show?
Glassnode data shows that the price of XRP over $2 is more than 3x its baseline price before the November pump.
This means that early investors in XRP are seeing profits of over 300%. Most of them have retained their tokens and are expecting another rally. However, the trend that began in early June showed a profit realization of $68.8 million daily, signaling a wave of distribution from early holders. Analysts believe that some holders are securing profits after the massive …
The article 'XRP surpassed Ethereum in a way that no one expected' first appeared on Coin Edition.
