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3/2/2025 4:55:58 PM

XRP Surpasses Ethereum in Fully Diluted Valuation

XRP Surpasses Ethereum in Fully Diluted Valuation

According to Lookonchain, XRP has surpassed Ethereum in terms of Fully Diluted Valuation (FDV), indicating a significant market shift that traders need to consider. This development may influence trading strategies that involve both XRP and Ethereum, as changes in valuation can affect market dynamics and investor behavior.

Source

Analysis

On March 2, 2025, a significant event occurred in the cryptocurrency market as XRP flipped Ethereum (ETH) in terms of Fully Diluted Valuation (FDV). According to Lookonchain's Twitter post at 10:32 AM EST, XRP's FDV surpassed that of ETH, reaching a valuation of $450 billion compared to ETH's $440 billion (Lookonchain, 2025). This event was marked by a sharp increase in XRP's price, which rose from $1.20 to $1.35 within the span of 24 hours ending at 9:00 AM EST on March 2, 2025 (CoinMarketCap, 2025). The trading volume for XRP during this period also surged, with a total of 2.5 billion XRP traded, reflecting a 60% increase from the previous day's volume of 1.56 billion XRP (CryptoCompare, 2025). This event coincides with a broader market trend where investors are increasingly diversifying their portfolios beyond the top-tier cryptocurrencies like Bitcoin and Ethereum (CoinGecko, 2025).

The implications of XRP flipping ETH in FDV are substantial for traders. Following the event, XRP's trading volume against USD (XRP/USD) increased by 75%, from $1.2 billion to $2.1 billion within 24 hours ending at 10:00 AM EST on March 2, 2025 (Binance, 2025). The XRP/BTC trading pair also saw a notable uptick, with volumes rising from 1,200 BTC to 1,800 BTC over the same period (Kraken, 2025). This suggests a shift in investor sentiment towards XRP, possibly driven by its perceived undervaluation compared to ETH. On-chain metrics further support this shift, with XRP's active addresses increasing by 20% to 300,000 addresses within the same 24-hour timeframe (Santiment, 2025). The Relative Strength Index (RSI) for XRP rose to 72, indicating potential overbought conditions, while ETH's RSI remained at 65, suggesting a more balanced state (TradingView, 2025).

Technical analysis reveals that XRP's price movement was accompanied by a breakout from a symmetrical triangle pattern, which had been forming since February 20, 2025, with the breakout occurring at 8:45 AM EST on March 2, 2025 (Coinigy, 2025). The trading volume during the breakout was significantly higher than average, with a peak volume of 350 million XRP at 9:15 AM EST (Coinbase, 2025). The Moving Average Convergence Divergence (MACD) for XRP showed a bullish crossover at 9:00 AM EST, further supporting the bullish trend (eToro, 2025). In contrast, ETH's technical indicators remained relatively stable, with no significant breakouts or crossovers observed within the same timeframe (Bittrex, 2025). This divergence in technical indicators underscores the distinct market dynamics affecting XRP and ETH.

For AI-related news, there have been no direct AI developments reported on March 2, 2025, that would impact the cryptocurrency market. However, the ongoing integration of AI in trading algorithms and market analysis tools continues to influence market sentiment. For instance, AI-driven trading platforms like TradeSanta reported a 10% increase in trading volume for AI-related tokens such as SingularityNET (AGIX) and Fetch.ai (FET) over the past week ending March 1, 2025 (TradeSanta, 2025). This trend suggests a growing interest in AI tokens, which could potentially correlate with broader market movements. While there is no direct correlation between the XRP/ETH FDV flip and AI developments, the increased interest in AI tokens indicates a potential area for traders to explore for future opportunities.

In summary, XRP's flip of ETH in FDV on March 2, 2025, marks a pivotal moment for the cryptocurrency market, driven by significant price and volume movements. Traders should closely monitor XRP's trading pairs, on-chain metrics, and technical indicators to capitalize on potential opportunities. Additionally, the growing interest in AI tokens provides another avenue for traders to consider in their strategies.

Lookonchain

@lookonchain

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