The XRP price surge has the altcoin dominating the “best crypto to buy” conversation with after overcoming a 4-year-long headwind, winning the SEC Lawsuit.

The front-running altcoin jumped 13% during Wednesday’s trading session, hitting a peak of $2.56 and reaffirming bullish 2025 XRP price forecasts.

XRP took Solana’s place on the podium in December to become the Third largest cryptocurrency, now speculators are eyeing Ethereum’s spot.

Claim to the Throne: Could XRP Flip Solana?

The prospect that XRP could flip Ethereum is not new—while fundamentals continue to stack in XRP’s favor, Ethereum has been slacking.

Since Trump’s reelection in November XRP has grown over 300% in market share. Over the same period, Ethereum has lost over 35%.

The Trump administration’s push to establish the U.S. as the “crypto capital” with a more favorable regulatory environment has been a key factor in this divergence.

XRP stands as one of the biggest beneficiaries as a champion of institutional adoption, particularly as Ripple unveiled an institutional DeFi roadmap in February.

On the flip side, Ethereum’s recent Duncan upgrade, intended to improve scalability by slashing transaction fees by 95%, has inadvertently weakened its deflationary burn mechanism.

Technicals also favor XRP. The XRP/ETH pair is now testing a historically significant resistance level at 0.0012 ETH—a threshold that has consistently preceded explosive rallies in past cycles.

Pseudonymous X analyst Dom notes that XRP has “ONLY ever went parabolic” upon breaking this level, delivering gains of at least 160% in previous instances.

As of March 20th, XRP is attempting a decisive test of this critical level. If history repeats itself, even a partial rally of 80% would push XRP over Ethereum.

XRP Price Analysis: Is XRP About to Rally?

This retest comes as XRP faces a potential breakout of a descending triangle pattern that has guided price movements since mid-January.

While Trump’s announcement of XRP as a potential reserve asset reserve announcement sparked a false breakout last time, this one seems to have staying power.

The Relative Strength Index (RSI) has climbed back to a neutral 51, and the MACD line remains above the signal line—both indicators suggest dominant buying pressure.

If the breakout holds, it eyes an XRP price target of $3.90, marking a 60% gain from current levels.

However, with today’s session showing a sharp decline in what may be a “sell-the-news” event, holding the $2.40 support zone will be crucial to sustaining the breakout.

This New ICO Also Poses a Threat to Ethereum’s Dominance

While XRP takes the spotlight, Solana remains a threat to Ethereum’s dominance, with its trading volume now rivaling Ethereum and all its Layer-2 chains combined.

But Solana could be in for a boost with Solaxy ($SOLX), its first-ever Layer-2 scaling solution–attracting over $27 million in its ongoing presale.

Unlike Ethereum, which boasts several Layer-2 options, Solana has long lacked this capability—until now.

By processing transactions off-chain and finalizing them on Solana, Solaxy significantly reduces congestion and lowers transaction costs, while offering seamless interoperability across both blockchains.

To reward early adopters, Solaxy currently offers staking yields of 150%, though these rates will decrease as more users stake $SOLX.

You can keep up with Solaxy on X and Telegram, or join the presale on the Solaxy website.

The post Can XRP Overtake Ethereum? XRP Price Surges 13% After SEC Case Win  appeared first on Cryptonews.

The finance ministry of Russia views the Moscow Exchange as a key player in the country’s experimental crypto market, according to comments made by one of the department’s top officials. Financial authorities in the Russian Federation are considering whether to admit more participants to the trials.

Russia’s Ministry of Finance (Minfin) expects the Moscow Exchange (MOEX) to be a major participant in a cryptocurrency trading experiment, Deputy Finance Minister Ivan Chebeskov unveiled on the sidelines of the Crypto Summit 2025 forum, held in the Russian capital this week.

Russia to utilize existing exchange infrastructure for crypto trading trials

Speaking to reporters covering the industry event, Chebeskov said that the main proposal during the preparations for the trials was to employ the existing exchange infrastructure in Russia to trade cryptocurrencies.

“We have large exchanges, the Moscow Exchange, first of all, which, as I said, could handle this functionality without problems. It’s the same trading, just a different instrument,” he elaborated, quoted by the official Tass news agency.

Facilitating crypto trading operations would not be a difficult task for any exchange platform in the Russian Federation, the deputy minister is convinced. “Therefore, we are considering them, I would say, first of all as participants,” he added.

Finance ministry mulls adding more participants to crypto exchange experiment

The Minfin official further noted that the question of whether to expand the trials to engage multiple participants or even establish new entities for that purpose remains a difficult one “because here we need to evaluate the pros and cons.”

“On the one hand, this is also a kind of competition and an opportunity to see how different participants will do. On the other, this is a dilution of liquidity, more administration,” he pondered and emphasized: “This is still an experiment, not a full-fledged regulation. For now, we say that this is an experiment.”

While Russia has been interested in employing digital assets for international settlements, with reports claiming it’s already using cryptocurrencies to bypass sanctions in trade, financial authorities in Moscow have remained wary of permitting their free circulation inside the country.

Russia moves forward with plans to use crypto in foreign trade

Earlier in March, Chebeskov’s colleague, Deputy Finance Minister Alexey Yakovlev, told the Russian business news portal RBC that the Minfin is considering the launching of “organized trading” of digital currencies in the country within the framework of the recently established “experimental legal regime” (ELR).

The ELR was introduced with a law signed by Russian President Vladimir Putin in August in order to legalize the “use of cryptocurrencies in foreign economic activity.” The new legislation also allows for the exchange trading of such assets under the strict control of the Central Bank of Russia (CBR).

Yakovlev stressed that only “highly qualified” investors would have access to such trading. “Not necessarily banks; this is more about professional participants,” the official added, stressing that the ministry is focused on preventing risks for the financial system, monetary policy and security of Russia.

Later this month, the CBR confirmed this new category of market participants, announcing that citizens will be able to obtain the status of “highly qualified investors” only if they have invested more than 100 million rubles (almost $1.2 million) in securities and deposits or if their annual income exceeded 50 million rubles in the past year.

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