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Forget SOL So Compared To ETH Now It's Ripple Compared To Ethereum In 2025
The price of Ripple (XRP) has seen strong growth this year, with an increase of over 470% from the lowest point in the year. Recent developments and some favorable microeconomic factors have been beneficial for XRP as it surged to new highs as the cryptocurrency market recovers from its recent downturn. On January 16, XRP surpassed the long-awaited price of $3, a price it last reached many years ago in 2018. Currently, as Bitcoin and other cryptocurrencies are surging, XRP is also attracting investors' attention as its price is approaching a new all-time high.
The current altcoin market is mostly dominated by ETH, accounting for about 11.67% of the total market capitalization of the cryptocurrency market. However, due to the rapid increase of XRP, the market dominance of Ethereum is being questioned. Since November 2024, when the price of XRP began to accelerate, Ripple has consistently appeared in headlines. The launch of stablecoin RLUSD and the expectation of XRP ETF approval this year have significantly improved Ripple's market sentiment. All of these news combined have pushed the price of XRP to a new all-time high on January 16th. On the other hand, Ethereum has been operating inefficiently in recent years, with only a 29% increase since January 1st. Thanks to Bitcoin's recent price surge, the price of ETH has recovered its previous high level despite a decrease in Ethereum network usage.
Can Ripple surpass the market cap of Ethereum? When the XRP price continues to rise, the cryptocurrency community is excited about the potential of Ripple to surpass Ethereum's market cap. Ripple's current market cap is 189 billion dollars, which is less than 110% of Ethereum's massive 412 billion dollars. To surpass this milestone, the XRP price will need to rise above $7.5 - an unbelievable but achievable price point. Ripple is undergoing a major emotional shift, with some analysts predicting that the currency has the potential to compete with Ethereum to position itself as the second largest blockchain network. Whether Ripple surpasses the market capitalization of Ethereum or not, XRP will still achieve significant price growth in the coming months. Its popularity among investors is also increasing significantly, as XRPScan shows significant growth in the number of active accounts and new accounts. Now we have to wait and see how the optimism surrounding XRP ETF will unfold on its journey to becoming the largest altcoin.