{"id":125106,"date":"2025-03-14T20:18:07","date_gmt":"2025-03-14T20:18:07","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=125106"},"modified":"2025-03-14T20:18:07","modified_gmt":"2025-03-14T20:18:07","slug":"xrp-flips-ethers-fdv-amid-change-in-market-dynamics","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=125106","title":{"rendered":"XRP flips Ether\u2019s FDV amid change in market dynamics"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsXRP\u2019s fully diluted valuation (FDV) has surpassed Ether (ETH), according to March 14 data from CoinGecko.\u00a0<br \/>\nThe FDV flip signifies a reversal of fortune for both layer-1 (L1) blockchain networks behind the tokens, as XRP Ledger\u2019s decentralized finance (DeFi) ecosystem gains traction and Ethereum grapples with competition from rival L1s, such as Solana.<br \/>\nAs of March 14, XRP\u2019s FDV stood at nearly $235 billion, more than $1 billion higher than Ether\u2019s, according to CoinGecko. Ether\u2019s market capitalization still leads at $233 billion versus XRP\u2019s $136 billion, the data shows.\u00a0<br \/>\nFDV measures the cumulative value of all existing tokens, whereas market capitalization only counts tokens already in circulation.\u00a0<br \/>\nXRP\u2019s developer, Ripple Labs, holds a multibillion-dollar allocation of its chain\u2019s native token.\u00a0<br \/>\nCryptocurrencies by FDV. Source: CoinGeckoRelated: XRP Ledger unveils institutional DeFi roadmap<br \/>\nChanging fortunes<br \/>\nXRP\u2019s price has risen by more than 300%, to around $2.3 per token, since President Donald Trump prevailed in the US elections on Nov. 5.\u00a0<br \/>\nTrump said he wants America to become the \u201cworld\u2019s crypto capital\u201d and has appointed industry-friendly leadership to key regulators.\u00a0<br \/>\nThe thawing US regulatory environment is especially beneficial for XRP, which prioritizes enterprise users and unveiled an institutional DeFi roadmap in February.<br \/>\nAs of January, XRP\u2019s native decentralized exchange (DEX) has handled more than $1 billion in swap transactions since launching in 2024.<br \/>\nThe XRP token saw further support when Trump said he planned to include XRP in a proposed US Digital Asset Stockpile alongside other cryptocurrencies, such as Solana (SOL) and Cardano (ADA).\u00a0<br \/>\nThe stockpile will only comprise assets acquired by law enforcement and other legal proceedings and will not buy crypto.\u00a0<br \/>\nThe US Securities and Exchange Commission is reportedly \u201cin the process of wrapping up\u201d an enforcement action against Ripple that has beleaguered the XRP developer since 2020.\u00a0<br \/>\nThe regulator has already dropped actions against crypto firms such as Coinbase, Kraken and Uniswap.<br \/>\nMeanwhile, Ether\u2019s spot price has struggled since March 2024, when the network\u2019s Dencun upgrade cut transaction fees by approximately 95%.\u00a0<br \/>\nAs of March, trading volume on Solana, which prioritizes fast transaction execution and was central to 2024\u2019s memecoin frenzy, rivals that of Ethereum and all of its layer-2 scaling chains combined.\u00a0<br \/>\nMagazine: \u2018Hong Kong\u2019s FTX\u2019 victims win lawsuit, bankers bash stablecoins: Asia Express<a href=\"https:\/\/cointelegraph.com\/news\/xrp-flips-ether-fdv-change-market-dynamics?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsXRP\u2019s fully diluted valuation (FDV) has surpassed Ether (ETH), according to March 14 data from CoinGecko.\u00a0 The FDV flip signifies a reversal of fortune for both layer-1 (L1)&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125106"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=125106"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125106\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=125106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=125106"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=125106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}