For the first time in history, XRP has overtaken Ethereum in fully diluted value (FDV), marking a significant milestone in the altcoin market. This shift highlights growing institutional interest and a favorable US regulatory environment for XRP.
XRP Now Leads Ethereum in FDV
According to Token Terminal, XRP’s FDV has surged past $240 billion, surpassing Ethereum’s $231.5 billion.
🔹 What is FDV?
FDV represents the total value of all tokens in a project, including those not yet in circulation. It offers a glimpse into a network’s potential long-term valuation.
🔹 Market Cap vs. FDV
Despite leading in FDV, Ethereum still holds a higher market cap ($231 billion), while XRP stands at $140 billion. However, XRP’s rapid growth suggests shifting market dynamics between the two networks.
Why Is XRP Gaining Momentum?
Ethereum has struggled with price stagnation and leadership challenges, while XRP has thrived amid regulatory clarity and institutional adoption.
Key Factors Driving XRP’s Growth
✅ Regulatory Clarity
Following Trump’s re-election, XRP saw a 300% surge, hitting $3.38 in January. His administration’s pro-crypto stance has fueled optimism, with initiatives like:
✔️ Strategic Bitcoin Reserve
✔️ National Digital Asset Stockpile
✅ Institutional Adoption
The XRP Ledger is seeing widespread adoption, with major financial institutions like Societe Generale integrating its technology.
✅ XRP ETF Speculation
Big asset managers, including Grayscale, Canary, and Franklin Templeton, have filed for spot XRP ETFs. There’s also speculation that BlackRock may enter the space soon.
ETF Store President Nate Geraci predicts:
“BlackRock will file for both Solana & XRP ETFs. Solana could be any day. Think XRP once SEC lawsuit concluded.”
SEC Lawsuit Nearing Resolution?
Regulatory clarity could be on the way, as reports suggest the SEC is finalizing its enforcement action against Ripple.
✅ Possible Commodity Status for XRP
Recent discussions within the SEC hint at XRP being classified as a commodity, not a security. If confirmed, this shift could further boost institutional confidence and adoption.
The Future of XRP
With growing institutional interest, regulatory clarity, and ETF potential, XRP’s recent surge in FDV could be just the beginning. As Ethereum navigates internal struggles, XRP is rapidly positioning itself as a key player in the evolving crypto landscape.
