XRP Price Surges Against Ether, Fueling Speculation of Market Cap Flip
Over the weekend, the price of XRP (XRP) compared to Ether (ETH) reached its highest level in five years, continuing its recovery. On March 15, the XRP/ETH pair hit 0.00128 ETH for the first time since April 2020, marking a 925% rebound from its all-time low in June 2024 and around 620% gains since November 2024. Market watchers are speculating that XRP could surpass Ether to become the second-largest cryptocurrency by market capitalization, with historical resistance levels indicating potential for significant rallies. XRP's market dominance has increased significantly since November 2024, while Ethereum has seen a decline in market share due to regulatory sentiment and competition from other blockchains like Solana.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
LIBRA memecoin orchestrators named as defendants in US class-action suit
Unlock Profitable Insights on Solana, Dogecoin, and Bitcoin Now!
In Brief Ali Martinez shares insights on Solana, Dogecoin, and Bitcoin's market performance. Technical patterns suggest potential upward movements in these cryptocurrencies. Investors are encouraged to conduct research before making decisions.
Terra Luna Classic Community Faces Divisions Over New Governance Proposal
In Brief The Terra Luna Classic community is divided over a new governance proposal. Voting results show insufficient support for the proposed changes. The recent token burn is seen as a positive development by the community.
Trending news
MoreCrypto prices
More
