Ethereum’s leading position is being challenged, with XRP outperforming it since 2021. Analysts forecast that XRP might overtake Ethereum, particularly with a possible ETF approval on the horizon. For a long time, Ethereum has been the unrivaled second-ranking altcoin, consistently following Bitcoin. In recent years, Ethereum has faced challenges and its performance has declined, leading to competition from various coins. Among these, XRP stands out as an altcoin that has significantly outperformed Ethereum. This has led analysts and commentators to wonder if XRP may soon exceed ETH in market capitalization. In addition, there are suggestions that Ethereum’s price could surge dramatically due to several key factors. Comparing the price movement of Ethereum and Ripple’s XRP since 2021. Similar to the recent bull market that occurred months back, the year 2021 was favorable for the cryptocurrency market. Many would claim that 2023 is the most successful year for Ethereum, as the asset experienced a surge reaching $2,120.25, marking its highest value ever. Since that time, Ethereum has not reached that level again. Since that time, the asset has decreased by more than 2500% to the present. Ethereum’s price from the date of the 24th – Source: CoinMarketCap.
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