Ethereum loses ground to the rise of XRP
XRP has just achieved a milestone that few anticipated: surpassing Ethereum in market capitalization, even if only for a few hours. This surge, unprecedented since 2018, is no coincidence. In a restructured market, it reveals a possible shift in the balance of power. In fact, it is no longer just a matter of price, but of perception, use, and institutional recognition. This strong signal, emitted from an asset long considered secondary, calls into question the real place of historical giants in the crypto ecosystem.
XRP briefly surpasses Ethereum in market capitalization, an unprecedented event since 2018 that questions the established order.
XRP reaches 272.6 billion dollars in capitalization, with a 460% increase in a few months.
Institutional adoption strengthened by the integration of the XRP Ledger by major banks like Société Générale.
Regulatory clarity and ETF prospects are factors that massively attract professional investors.
XRP surpasses Ethereum, the numbers speak
On March 3rd, XRP reached a market capitalization of 272.6 billion dollars. Thus, this capitalization slightly exceeded that of Ethereum, valued at 271.6 billion. It is the first time in six years that XRP finds itself, even if momentarily, in second place in the global cryptocurrency ranking. In fact, this had not happened since 2018, highlighting the rarity and significance of this historic achievement.
XRPUSDT chart by TradingView
This advance is based on a notable bullish dynamic observed in recent months. Several key indicators confirm the magnitude of the phenomenon.
Market capitalization: XRP briefly dominated Ethereum with 272.6 billion dollars against 271.6 billion
A fully diluted valuation (FDV) of 240 billion dollars for XRP against 231.5 billion for Ethereum
Price performance, +460% since the 2024 U.S. presidential elections.