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XRP vs. Ethereum: Can Ripple’s Token Stage Another Market Cap Upset?


XRP vs. Ethereum: Can Ripple’s Token Stage Another Market Cap Upset?

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  • XRP has soared 44.4% in the past week alone while ETH is up only 2.63%.
  • XRP is targeted to hit $5.85 soon and needs a 212% surge to claim ETH’s second spot.
  • Ethereum is projected to soar to $4,500 in the short term and $7,100 in the medium-long term.

XRP has surged 44.40% in the past seven days, reaching a seven-year high of $3.40 and claiming a massive market capitalization of $191.77 billion. In contrast, Ethereum (ETH) has only gained 2.63% in the same period, valued at $405 billion.

Ranked as the second and third-largest cryptocurrencies in the market, XRP and ETH have stayed rivals for a long time. XRP has outperformed ETH by a wide margin in the past 365 days, soaring 483% while Ether has surged only 31.71%. If Ripple’s token maintains the current trajectory, it could potentially overtake Ethereum as the second-largest digital asset.

At press time, XRP is priced at $3.33, while ETH trades at $3,366, down 13.29% and 31.08% from their all-time highs, respectively. If the supply of both these cryptocurrencies remains constant over a considerable period, XRP would need to surge 212% in its price to claim Ethereum’s spot as the second-largest cryptocurr…

The post XRP vs. Ethereum: Can Ripple’s Token Stage Another Market Cap Upset? appeared first on Coin Edition.

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Coins

$ 1.82K

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