Forget Solana, XRP may turn Ethereum first amid a height of 5 years

The price of XRP (XRP) against ETHER (ETH) has reached its highest level in five years during the weekend, which led to his recovery.

On March 15, the XRP/ETH pair was not touched 0.00128 ETH for the first time since April 2020. This is 925 % up when it was measured from the lowest level ever at 0.00013 ETH that was established in June 2024 and about 620 % of gains since November 2024, when Donald Trump won the US presidential elections.

Possible XRP versus eth

The XRP/ETH Rally feeds speculation among market monitors that XRP can turn the ether to become the second largest encrypted currency by market value.

For example, the analyst is always High 0.0012 ETH as an important level of resistance historically, a threshold that has been constantly preceded by explosive marches in previous sessions. It indicates that XRP has gone equivalent after breaking this resistance, as it has achieved gains of at least 160 % in the previous cases.

The same thing was explained by three basic points – in early 2017, late 2017, and 2018 when XRP rose against ether after a certain breach of the resistance of ETH 0.0012.

As of March 16, XRP again tested this critical level. If history repeats itself, even the 80 % partial assembly will be enough for XRP to turn ETH in the market value, then DOM suggests, especially since ETHER prices risk more negative aspect in 2025.

Related to: The price of XRP is preparing to achieve 46 % of the gains after Ripple secured the first Dubai license

At a price of $ 138 billion, the maximum XRP market is less than $ 100 billion from Ethereum beating. Moreover, the fully diluted evaluation of XRP (FDV) exceeded a short period earlier this week.

For context, FDV represents the total theoretical value of all symbols, including those that have not yet been circulated, while the market value represents only the distinctive symbols that are currently being traded.

Why is Ethereum the performance of XRP?

The dominance of the market in XRP has grown more than 300 % since Trump was re -elected on November 5.

The same period witnessed that Ethereum loses its share in the market by more than 35.50 %, indicating a clear shortage of interest between merchants of the ether compared to other encoding assets that act.

One of the main factors in this difference is organizational feelings. Trump has placed the United States as a “world encryption capital” in the future, and it appoints pro -quarter organizers and pledge to enhance a more suitable environment.

This transformation has been particularly benefited from XRP, which meets the needs of institution users, especially with Ripple vehicles for the Defi Institutional Road in February.

Meanwhile, ETHEREUM fell due to the height of competition from Blockchains Layer-1 competition, especially Solana (Sol).

Dencun’s upgrade in March 2024, which reduced ETHEREUM transaction fees by 95 %, aimed at improving expansion. However, it has also reduced the burning rates of ETH, increased the width, weakened its appeal, and the narration of “ultrasound money”.

Meanwhile, Solana dominated, as the trading volume is now competing with Ethereum and all the chains of 2 layers combined.

The fastest and cheapest transactions of the network have made the transition platform for Defi activity, Memecoin, and NFT markets, which have previously dominated ETHEREUM. This shift led to ETHEREUM stake in the market, especially among traders and developers looking for high -cost high -cost transactions.

This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.