XRP has experienced a significant increase in price, rising nearly 12% in the past 24 hours, and is now trading at around $2.87 per unit. This has narrowed the gap between XRP and Ethereum, with XRP now accounting for 42.6% of Ethereum's market capitalization. XRP would need to increase by 133.5% against the US dollar to surpass Ethereum's market cap and claim the top spot. XRP previously held the title of the second-largest cryptocurrency by market cap but has not regained this position since the rise of Ethereum. XRP's progress highlights its potential, but challenges remain. The ongoing momentum of XRP suggests that competition at the top of the crypto market might intensify.
- Content Editor ( news.bitcoin.com )
- 2025-01-15
XRP Inches Closer to Overtaking Ethereum—A New Crypto King in the Making?