Ripple’s XRP and Ethereum (ETH) have both achieved monumental milestones, reinforcing their dominance in the digital asset space.
XRP vaulted past the $190 billion market cap mark, with live market data showing approximately $191.1 billion—securing its position as the third-largest cryptocurrency globally. Alternative data sources report valuations fluctuating between $190.8 billion and $193.3 billion, reflecting the fast-moving nature of the crypto markets.
Ethereum surged above $410 billion, holding firm as the second-largest cryptocurrency by market capitalization. Market trackers currently show Ethereum’s valuation hovering between $411 and $413 billion.
Context & Momentum
XRP has soared over 70% in the past 30 days, positioning itself near the historic $200 billion valuation threshold. A recent 8–10% daily rally pushed XRP’s price above $3.20, driven by record-high open interest in derivatives markets.
Ethereum also recorded a significant increase, with daily trading volume rising by around 7.5%, boosting its overall market capitalization by over 7% in just one day.
In Other News
XRP’s breakout comes amid rising political support, including new U.S. legislation and state-level fintech initiatives, factors that analysts believe are boosting investor confidence. Ethereum, meanwhile, continues to benefit from its strong ecosystem dominance in decentralized finance and blockchain applications.
Outlook
With XRP edging closer to the $200 billion milestone, market observers are watching closely to see whether it can sustain its momentum and achieve a new all-time high. Ethereum, with its robust trading volumes and deep-rooted presence in decentralized technologies, remains firmly established as the second-largest cryptocurrency.
