Ripple vs. Ethereum – How Close Is XRP to Overtaking ETH
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- XRP has experienced a significant growth spurt recently, doubling its market cap.
- This surge positions XRP as the third biggest asset in the crypto market after Ethereum.
Recent fluctuations in the cryptocurrency landscape have been heavily influenced by Ripple’s[XRP] extraordinary performance, closely aligning its market capitalization with Ethereum[ETH].
The current price of XRP has crossed the $2.30 threshold, propelling its market cap to an impressive $206.9 billion, fueling conversations about XRP’s potential to surpass ETH.
The Surge in XRP’s Performance
An analysis of the recent performance metrics shows an astonishing increase for XRP. The cryptocurrency has experienced almost a threefold price increase since late 2024 during its latest quarter.
The asset’s valuation has surged to $206.9 billion, indicating it might soon rival ETH. Technical data reveals RSI values remaining bullish at 58.83—pointing towards possible further gains while avoiding overbought signals.
Source: CryptoQuant.
A golden cross formation is evident from this year’s 50-day moving average climbing above the 200-day moving average—indicating a solid upward trajectory ahead.
The Challenge Ahead for Ethereum:
Ethereum dominates with a commanding market cap of $440.5 billion according to current charts regarding Ethereum’s valuation.
Currently priced around $3,671; this wide-scale ecosystem proves invaluable amid growing sectors like DeFi and NFTs.
Since November 2024 positive trends continue on this chart while recording steady buying momentum reflected through RSI figures standing at around (57 .82).
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