XRP (XRP) Price compared to ether (Eth) reaches its highest level in five years over the weekend, extending its recovery.
On March 15, the XRP/ETH pair touched 0.00128 ETH for the first time since April 2020. That is the value of a 925% rebound when measured from all times less than 0.00013 ETH established on June 2024 and approximately 620% of those who have gained since November 2024, when Donald Trump won the President’s election of the US president.
XRP/ETH Weekly Price chart. Source: Tradingview
XRP’s potential breakout compared to ETH
The XRP/ETH rally is the conceptual speculation in market observers that XRP can flip Ether to be the second largest cryptocurrency through market capitalization.
For example, the analyst Dom Highlights 0.0012 ETH as a historical significant level of resistance, a threshold that continues to precede the explosion rallies in previous cycles. He noted that the XRP had been parabolic after this resistance was damaged, delivering the acquisitions of at least 160% in previous occasions.
XRP/ETH 12-hour price charts. Source: TradingView/Dom
He described both of the three major breakout points – in early 2017, late 2017, and 2018 when the XRP advanced against Ether following a confirmed violation of the 0.0012 Eth Resistance.
Until March 16, the XRP again tests this critical level. If history repeats itself, even a slight rally of 80% is enough for XRP to flip the eth in market capitalization, Dom suggests, especially as Ether’s price endangered more downside by 2025.
Related: XRP prices have prepared for 46% gains after Ripple has confirmed the first license in Dubai
At $ 138 billion, the XRP market cap is less than $ 100 billion briefly hitting Ethereum’s. Moreover, the fully melted appreciation of XRP (FDV) briefly surpassed Earlier this week by Ethereum.
For the context, the FDV represents the total theoretical value of all tokens, including those who are not in circulation, whereas market capitalization is only accounts for tokens currently in circulation.
Why Ethereum Underperforming XRP?
The dominance in the XRP market has grown more than 300% since Trump’s reelection on November 5.
XRP.D compared to eth.d sunny prices. Source: Tradingview
The same period witnessed Ethereum losing market sharing by more than 35.50%, showing a clear lack of interest in entrepreneurs for Ether compared to other leading crypto assets.
One major factor in the difference -this is the sentiment regulation. Trump is positioned in the US as the future ”World of crypto capital“Appointment of Pro-Crypto regulators and promise to protect a more favorable environment.
This change has especially benefited the XRP, which matches business users, especially as ripple opened an institutional defi roadmap In February.
Meanwhile, Ethereum has collapsed due to rising competition from Layer-1 rival blockchains, especially Solana (Sol).
Dencun upgrading in March 2024, which Slashed Ethereum’s transaction fees of 95%, is intended to improve scalability. However, it also reduced ETH combustion rates, increasing its supply and weakening Deflationary Appeal and ”Ultrasound money“Narrative.
The rate of eth supply from the combination. Source: Ultrasound money
At the same time, Solana’s dominance will rise, with its trading volume today competing with the Ethereum and all its layer-2 chains.
The faster and cheaper network transactions made it go-to platform for Defi activity, Memecoin tradingand NFT markets, previously led by Ethereum. This change has exploded the sharing of the Ethereum market, especially with entrepreneurs and developers looking for speed transactions, low cost.
This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.
