The market cap growth of XRP has surged past Ethereum by 66% over the last four months, prompting speculation about a significant rally in the XRP/ETH pair. Recently, the market cap gap between XRP and Ethereum has narrowed considerably, reflecting a 33% drop since November 2024. This shift has sparked discussions regarding a potential reordering of their relative positions. Interestingly, XRP’s fully diluted valuation recently surpassed Ethereum’s, although Ethereum still leads in market cap and FDV.
An analyst has noted a parabolic growth potential for XRP, suggesting historical precedence for such a scenario. Of particular interest is the XRP/ETH pair’s attempt to breach a longstanding resistance level at 0.0012, historically a catalyst for a parabolic 160% rise upon breaking. The pair is currently approaching this pivotal resistance point, positing a possible breakout for XRP in 2025.
Analyst Dom posits that a breakthrough of this resistance level could see XRP rally significantly against ETH. Even attaining just half of its potential gains could propel XRP beyond Ethereum in market cap rankings. Crypto trader Bobby A supports this sentiment, noting that XRP has secured price acceptance above its prior cycle high recorded in April 2021. Despite a market environment characterized by high fear, he predicts XRP’s price might average between $2.29 and $2.61 by mid-2025, buoyed by current trends and the asset’s emergence from a prolonged accumulation phase.
Current market activities include a 15% increase in XRP’s price, coinciding with heightened anticipation surrounding a forthcoming crypto summit at the White House. Onchain activity has concurrently spiked, with daily active addresses increasing by 135,000 on March 4, marking a 620% rise from Feb. 28. However, data from CoinGlass reveals that XRP futures traders remain largely inactive. Open interest dropped by 63% between Jan. 18 and March 1, with just a minor 15% increase more recently, indicating tempered interest in futures and perpetual markets.
The article serves as a market analysis, not providing specific investment advice. Readers are advised to conduct their own research when making investment decisions.
