#XRPETF XRP has been gaining momentum, with analysts pointing to its growing utility, resilience in regulatory battles, and increasing adoption. Some experts believe XRP could challenge Ethereum’s dominance among altcoins, especially as its **fully diluted market capitalization (FDMC) recently surpassed ETH’s. However, Ethereum still holds a commanding lead in circulating market cap and DeFi applications, making it a tough competitor to dethrone.
While XRP’s price has shown resilience, its ability to challenge Bitcoin is a different story. Bitcoin remains the undisputed leader due to its decentralized nature, institutional adoption, and status as a store of value. XRP’s focus on cross-border payments and financial institutions gives it a unique edge, but it operates in a different niche compared to Bitcoin.
That said, XRP’s **market cap nearing $110 billion** and its **strong bullish sentiment** suggest it could continue climbing. If regulatory clarity and institutional adoption accelerate, XRP could solidify its position as a top contender.