XRP is closing in on Ethereum, requiring a 173% price increase to overtake ETH as the second-largest cryptocurrency by market capitalization. Despite a broader market downturn, XRP has shown resilience, gaining over 17% against Ethereum this year. Currently, XRP's market cap stands at $85.8 billion, while Ethereum's is $233 billion.
The crypto market has seen significant losses, with Bitcoin and Ethereum experiencing substantial declines. However, XRP's valuation has only dropped by 24% this year, compared to Ethereum's 35% decrease. This performance has narrowed the gap between the two assets, with XRP's price rising from 0.0006199 ETH to 0.0007280 ETH year-to-date. To surpass Ethereum's market cap, XRP would need to reach $3.83 per token, up from its current $1.4.
XRP Needs 173% Surge to Surpass Ethereum in Market Cap
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