XRP Surpasses Ethereum In This Major Metric After Outperforming For 6 Months

Summary

XRP has surpassed Ethereum in Fully Diluted Market Capitalization (FDMC), reaching $208.4 billion compared to Ethereum's $192.5 billion, marking a $15.9 billion lead. This shift indicates XRP's strong performance over the past six months, despite Ethereum's higher current market capitalization of $199.14 billion versus XRP's $124.3 billion, a difference of about $74.84 billion. The disparity arises from XRP's token structure, with a significant portion held in escrow, not affecting circulating supply but included in FDMC. If all XRP tokens were unlocked, its market value could exceed Ethereum's. Additionally, technical indicators suggest XRP may be poised for a significant price move, as Bollinger Bands indicate rising volatility and a potential breakout.