CDS Crypto News XRP Poised to Overtake Ethereum? Analyst Predicts a Major Shakeup!
Crypto News

XRP Poised to Overtake Ethereum? Analyst Predicts a Major Shakeup!

868
Xrp Poised To Overtake Ethereum Analyst Predicts A Major Shakeup!

XRP Poised to Overtake Ethereum? Is a Market Flip Coming?

Xrp Poised To Overtake Ethereum? Is A Market Flip Coming?

In the next three months, XRP might overtake Ethereum as the second-largest cryptocurrency asset, according to a market analyst. This occurs as Ethereum’s price has been declining since Q4 2024 and the altcoin is still underperforming the market as a whole. For example, following last November’s U.S. elections, the altcoin market increased by 55%, but ETH witnessed a less significant increase of 47%.

As the market pulls back more broadly, the altcoin market is now down 23.52% so far this year. On the other hand, ETH has plummeted 42.94% in the same period. In the midst of this chaotic time, the altcoin has also seen a significant decline in value since December in comparison to Bitcoin and XRP. XRP has fared significantly better in the interim, taking advantage of Ethereum’s recent poor performance to close the gap. XRP has outperformed Ethereum by around 256% since November 2024.

Ethereum Price Forecast Drops: Will XRP Seize the Opportunity?

Given the current state of the market, Edoardo Farina, a market analyst and the founder of Alpha Lions Academy thinks XRP could soon overtake Ethereum in terms of market capitalization. For comparison, with a market valuation of $229.4 billion, ETH remains the second-largest cryptocurrency asset despite its poor performance. However, Farina thinks XRP, which has outperformed the overall market over the last five months, would probably overtake the altcoin king. He said that throughout the following three months, this anticipated flip might take place.

Ethereum Price Forecast Drops: Will Xrp Seize The Opportunity?

Other prominent figures in the sector have also called attention to Ethereum’s dire market state, in addition to Farina. Recently, The Crypto Basic verified that Standard Chartered had reduced its optimistic Ethereum price forecast for the end of 2025 from $10,000 to $4,000. Interestingly, the updated number is less than Ethereum’s peak in 2021.

For more up-to-date crypto news, you can follow Crypto Data Space.

Xrp Poised To Overtake Ethereum? Analyst Predicts A Major Shakeup! 339318
Written by
lectertodd

Lectertodd is 28 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

Leave a comment

Leave a Reply

Related Articles

Bitcoin Could Reach New Heights in 2025, Analysts Say

Bitcoin may be poised for new all-time highs this year, according to...

Bitcoin Rally: Analyzing Key Levels and Market Sentiment

Bitcoin's price surge shows strong momentum, with potential to hit new highs,...

Crypto Market Shift: Altcoins Gaining Strength in 2024

While Bitcoin dominates, altcoins are quietly gaining strength, signaling the rise of...

Melania Memecoin Sell-Off: Is the Team’s Strategy Signaling Trouble for Investors?

The team behind the Melania Meme (MELANIA) token has sold over $1.5...

Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.