XRP FDV Surge Overtakes Ethereum at $254.87B
XRP jumps 14% to $2.55, surpassing Ethereum's FDV to claim the second spot in the crypto market.
- XRP price jumps 14%, reaching $2.55.
- XRP’s FDV hits $254.87B, surpassing Ethereum.
- XRP becomes second-largest crypto by FDV.
XRP has made headlines with a significant 14% surge in its price, climbing to $2.55. This price increase has led to a remarkable rise in XRP’s Fully Diluted Valuation (FDV), now standing at $254.87 billion. In a major shift in crypto rankings, XRP’s FDV has surpassed Ethereum’s, which currently holds an FDV of $244.24 billion.
The FDV metric, which represents the total value of a cryptocurrency if all coins were in circulation, is an important indicator of a project’s potential Market size. XRP overtaking Ethereum in FDV signals growing investor confidence and heightened market activity surrounding the Ripple-backed token.
XRP’s Market Momentum and What It Means
This development marks a pivotal moment for XRP, which has been gaining momentum amid positive market sentiment and ongoing regulatory clarity. Surpassing Ethereum in FDV places XRP as the second-largest cryptocurrency by this valuation metric, right behind Bitcoin.
Analysts suggest that this rally could attract further investor interest, particularly if XRP maintains its upward trajectory. The crypto community is closely watching how this valuation change could influence broader market dynamics and the long-standing competition between major crypto assets.
