Ripple’s XRP and Ethereum (ETH) have both achieved monumental milestones, reinforcing their dominance in the digital asset space.
XRP vaulted past the $190 billion market cap mark, with live market data showing approximately $191.1 billion—securing its position as the third-largest cryptocurrency globally. Alternative data sources report valuations fluctuating between $190.8 billion and $193.3 billion, reflecting the fast-moving nature of the crypto markets.
Ethereum surged above $410 billion, holding firm as the second-largest cryptocurrency by market capitalization. Market trackers currently show Ethereum’s valuation hovering between $411 and $413 billion.
📈 Context & Momentum
XRP has soared over 70% in the past 30 days, positioning itself near the historic $200 billion valuation threshold. A recent 8–10% daily rally pushed XRP’s price above $3.20, driven by record-high open interest in derivatives markets.
Ethereum also recorded a significant increase, with daily trading volume rising by around 7.5%, boosting its overall market capitalization by over 7% in just one day.
📰 In Other News
XRP’s breakout comes amid rising political support, including new U.S. legislation and state-level fintech initiatives, factors that analysts believe are boosting investor confidence. Ethereum, meanwhile, continues to benefit from its strong ecosystem dominance in decentralized finance and blockchain applications.
🧭 Outlook
With XRP edging closer to the $200 billion milestone, market observers are watching closely to see whether it can sustain its momentum and achieve a new all-time high. Ethereum, with its robust trading volumes and deep-rooted presence in decentralized technologies, remains firmly established as the second-largest cryptocurrency.
