The fully diluted evaluation of the XRP (FDV) exceeded the Ether (ETH), according to the March 14 data from Coingecko.
FDV FLIP refers to a reflection of the wealth of both Blockchain Layer-1 (L1) networks behind the symbols, where the decentralized ecosystems of XRP LEDGER (Defi) acquires traction and ETHEREUM fishermen with competition from the competing L1s, such as Solana.
As of March 14, the FDV of XRP amounted to $ 235 billion, or more than a billion dollars higher than ETHER’s, according to Coingecko. ETHER market value still leads to $ 233 billion for $ 136 billion from XRP.
FDV measures the cumulative value of all existing symbols, while the market value is only calculated.
The XRP, Ripple Labs developer, has billions of dollars in the original series of the series.
Current currencies by FDV. source: Coingecko
Related to: XRP LEDGER reveals the DEFI institutional map
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The price of XRP has increased by more than 300 %, to about $ 2.3 per code, since President Donald Trump prevailed in the US elections on November 5.
Trump said he wanted America to become “the world of encryption in the world” and appointed an industry friendly leadership for the main organizers.
The dissolved American organizational environment is especially useful for XRP, which gives priority to the Users of the Foundation and the unveiling of the DEFI institutional road map in February.
As of January, the original XRP (DeX) exchanged with more than a billion dollars in swap transactions since its launch in 2024.
The XRP code has seen more support when Trump said it intends to include XRP in the stock of US digital assets proposed alongside other encrypted currencies, such as Solana (Sol) and Cardano (ADA).
Inventory will only include the assets that have acquired the application of law and other legal procedures and will not buy encryption.
The US Securities and Stock Exchange Committee is said to be an enforcement measure against Ripple, which has lost XRP developer since 2020.
The organizer has already dropped action against encryption companies such as Coinbase, Kaken and UISWAP.
Meanwhile, the immediate price of ETHER has struggled since March 2024, when DENCun reduced the network upgrade by approximately 95 %.
As of March, the trading volume of Solana, which gives priority to preparing fast transactions and was central to the MIMENA madness for 2024, is ETHEREUM and all the scaling chains of layer 2 combined.
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