{"id":125171,"date":"2025-03-16T11:23:22","date_gmt":"2025-03-16T11:23:22","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=125171"},"modified":"2025-03-16T11:23:22","modified_gmt":"2025-03-16T11:23:22","slug":"forget-solana-xrp-may-flip-ethereum-first-amid-5-year-high","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=125171","title":{"rendered":"Forget Solana, XRP may flip Ethereum first amid 5-year high"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsXRP (XRP) price versus Ether (ETH) reached its highest level in five years over the weekend, extending its recovery.<br \/>\nOn March 15, the XRP\/ETH pair touched 0.00128 ETH for the first time since April 2020. That amounts to a 925% rebound when measured from its all-time low of 0.00013 ETH established in June 2024 and approximately 620% gains since November 2024, when Donald Trump won the US presidential election.<br \/>\nXRP\/ETH weekly price chart. Source: TradingViewXRP potential breakout versus ETH<br \/>\nThe XRP\/ETH rally is fueling speculation among market watchers that XRP could flip Ether to become the second-largest cryptocurrency by market capitalization.<br \/>\nFor instance, analyst Dom highlights 0.0012 ETH as a historically significant resistance level, a threshold that has consistently preceded explosive rallies in past cycles. He notes that XRP has gone parabolic after breaking this resistance, delivering gains of at least 160% in previous instances.<br \/>\nXRP\/ETH 12-hour price charts. Source: TradingView\/DomHe illustrated the same with three key breakout points\u2014in early 2017, late 2017, and 2018 when XRP\u2019s surged against Ether following a confirmed breach of the 0.0012 ETH resistance.<br \/>\nAs of March 16, XRP was once again testing this critical level. If history repeats itself, even a partial rally of 80% would be enough for XRP to flip ETH in market capitalization, DOM suggests, especially as Ether\u2019s price risks more downside in 2025.<br \/>\nRelated: XRP price poised for 46% gains after Ripple secures first Dubai license<br \/>\nAt $138 billion, XRP\u2019s market cap is less than $100 billion short of hitting Ethereum\u2019s. Moreover, XRP\u2019s fully diluted valuation (FDV) briefly surpassed Ethereum&#8217;s earlier this week.<br \/>\nFor context, FDV represents the total theoretical value of all tokens, including those not yet in circulation, whereas market capitalization only accounts for tokens currently in circulation.<br \/>\nWhy is Ethereum underperforming XRP?<br \/>\nXRP\u2019s market dominance has grown by over 300% since Trump\u2019s reelection on Nov. 5.<br \/>\nXRP.D vs. ETH.D daily price chart. Source: TradingViewThe same period has witnessed Ethereum losing its market share by over 35.50%, showing a clear lack of interest among traders for Ether compared to other top-ranking crypto assets.<br \/>\nA key factor in this divergence is regulatory sentiment. Trump has positioned the US as the future &#8220;world\u2019s crypto capital,\u201d appointing pro-crypto regulators and pledging to foster a more favorable environment.<br \/>\nThis shift has especially benefited XRP, which caters to enterprise users, particularly as Ripple unveiled an institutional DeFi roadmap in February.<br \/>\nMeanwhile, Ethereum has slumped due to rising competition from rival layer-1 blockchains, particularly Solana (SOL).<br \/>\nThe Dencun upgrade in March 2024, which slashed Ethereum\u2019s transaction fees by 95%, was intended to improve scalability. However, it has also reduced ETH burn rates, increasing supply and weakening its deflationary appeal and \u201cultrasound money\u201d narrative.<br \/>\nETH supply rate since the Merge. Source: UltraSound MoneyAt the same time, Solana\u2019s dominance has risen, with its trading volume now rivaling Ethereum and all its layer-2 chains combined.<br \/>\nThe network\u2019s faster and cheaper transactions have made it the go-to platform for DeFi activity, memecoin trading, and NFT markets, which Ethereum previously dominated. This shift has eroded Ethereum\u2019s market share, particularly among traders and developers seeking high-speed, low-cost transactions.<br \/>\nThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.<a href=\"https:\/\/cointelegraph.com\/news\/forget-solana-xrp-flip-ethereum-first-5-year-high?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 (XRP) price versus Ether (ETH) reached its highest level in five years over the weekend, extending its recovery. On March 15, the XRP\/ETH pair touched 0.00128 ETH&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\/125171"}],"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=125171"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125171\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=125171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=125171"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=125171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}