- XRP overtakes ETH in FDMC, highlighting strong projected value despite a lower circulating market cap.
- XRP shows price resilience as ETH struggles, hinting at a growing challenge to Ethereum’s altcoin leadership.
In a surprising shake-up, Ripple’s XRP [XRP] has officially surpassed Ethereum [ETH] in fully diluted market capitalization (FDMC).
While Ethereum’s momentum has faltered in the current bull cycle, XRP has maintained steady growth over the past six months, quietly closing the gap and overtaking ETH in this key indicator.
Though Ethereum still holds a commanding lead in circulating market cap, XRP’s FDMC edge could signal a longer-term challenge to ETH’s dominance among altcoins.
XRP flips ETH in FDMC — What we know
According to crypto analyst Edward Farina, XRP surpassed Ethereum in FDMC on the 18th of April, reaching a total of $208.4 billion — roughly $15.9 billion more than ETH’s $192.5 billion.
FDMC measures the projected value of a cryptocurrency if all its tokens were in circulation.
Source: X
XRP’s climb to the top of this metric comes after six months of consistent outperformance.
Despite little fanfare, the move positions XRP as a serious contender in valuation rankings, particularly as market watchers consider long-term potential rather than just current circulating supply.
Why the numbers differ
XRP’s FDMC may exceed Ethereum’s, but its circulating market capitalization remains much lower. This gap is primarily due to XRP’s token structure.
A large portion of XRP tokens is locked in escrow and not yet part of the circulating supply, though they are factored into FDMC.
In contrast, Ethereum’s supply is largely circulating. This structural difference explains the divergence between FDMC and market cap.
In essence, XRP’s potential market value looks stronger on paper, but the actual investor-accessible value remains far behind ETH for now.
What does this mean for altcoin hierarchy?
XRP overtaking ETH in FDMC could mark an important shift in how the market views long-term altcoin value.
While Ethereum still reigns in usage, DeFi dominance, and market cap, XRP’s silent strength in projected valuation indicates growing investor confidence — especially amid legal clarity and payment adoption narratives.
It also suggests that the altcoin race is no longer a two-horse contest. As XRP narrows the gap in other metrics, questions around altcoin leadership may resurface.
If this momentum continues, Ethereum’s status as the top altcoin may face its most credible challenge in years.
XRP holds firm, ETH slumps
The chart tells a compelling story.
Over the past two months, XRP has outpaced ETH significantly in price performance. While XRP is down around 18.35% since late February, ETH has plummeted over 41.15% in the same timeframe.
The stark divergence shows XRP’s relative strength amid broader market weakness.
Source: TradingView
Notably, XRP has maintained a tight consolidation range since mid-April; a possible base formation. Meanwhile, ETH continues to struggle with downward pressure.
If this momentum persists, XRP’s technical resilience — paired with its FDMC milestone — may position it as the more attractive altcoin in the current market phase.
- XRP overtakes ETH in FDMC, highlighting strong projected value despite a lower circulating market cap.
- XRP shows price resilience as ETH struggles, hinting at a growing challenge to Ethereum’s altcoin leadership.
In a surprising shake-up, Ripple’s XRP [XRP] has officially surpassed Ethereum [ETH] in fully diluted market capitalization (FDMC).
While Ethereum’s momentum has faltered in the current bull cycle, XRP has maintained steady growth over the past six months, quietly closing the gap and overtaking ETH in this key indicator.
Though Ethereum still holds a commanding lead in circulating market cap, XRP’s FDMC edge could signal a longer-term challenge to ETH’s dominance among altcoins.
XRP flips ETH in FDMC — What we know
According to crypto analyst Edward Farina, XRP surpassed Ethereum in FDMC on the 18th of April, reaching a total of $208.4 billion — roughly $15.9 billion more than ETH’s $192.5 billion.
FDMC measures the projected value of a cryptocurrency if all its tokens were in circulation.
Source: X
XRP’s climb to the top of this metric comes after six months of consistent outperformance.
Despite little fanfare, the move positions XRP as a serious contender in valuation rankings, particularly as market watchers consider long-term potential rather than just current circulating supply.
Why the numbers differ
XRP’s FDMC may exceed Ethereum’s, but its circulating market capitalization remains much lower. This gap is primarily due to XRP’s token structure.
A large portion of XRP tokens is locked in escrow and not yet part of the circulating supply, though they are factored into FDMC.
In contrast, Ethereum’s supply is largely circulating. This structural difference explains the divergence between FDMC and market cap.
In essence, XRP’s potential market value looks stronger on paper, but the actual investor-accessible value remains far behind ETH for now.
What does this mean for altcoin hierarchy?
XRP overtaking ETH in FDMC could mark an important shift in how the market views long-term altcoin value.
While Ethereum still reigns in usage, DeFi dominance, and market cap, XRP’s silent strength in projected valuation indicates growing investor confidence — especially amid legal clarity and payment adoption narratives.
It also suggests that the altcoin race is no longer a two-horse contest. As XRP narrows the gap in other metrics, questions around altcoin leadership may resurface.
If this momentum continues, Ethereum’s status as the top altcoin may face its most credible challenge in years.
XRP holds firm, ETH slumps
The chart tells a compelling story.
Over the past two months, XRP has outpaced ETH significantly in price performance. While XRP is down around 18.35% since late February, ETH has plummeted over 41.15% in the same timeframe.
The stark divergence shows XRP’s relative strength amid broader market weakness.
Source: TradingView
Notably, XRP has maintained a tight consolidation range since mid-April; a possible base formation. Meanwhile, ETH continues to struggle with downward pressure.
If this momentum persists, XRP’s technical resilience — paired with its FDMC milestone — may position it as the more attractive altcoin in the current market phase.
В этом интересном тексте собраны обширные сведения, которые помогут вам понять различные аспекты обсуждаемой темы. Мы разбираем детали и факты, делая акцент на важности каждого элемента. Не упустите возможность расширить свои знания и взглянуть на мир по-новому!
Узнать больше – https://moveiscardeal.com.br/legislacao-para-construcao-de-igrejas
can you buy generic clomid online buy cheap clomiphene without prescription clomid bula homem how can i get cheap clomid no prescription buying generic clomiphene tablets where buy generic clomid without dr prescription how to get cheap clomiphene price
With thanks. Loads of erudition!
Thanks for sharing. It’s acme quality.
oral zithromax 500mg – flagyl sale buy generic flagyl 200mg
rybelsus buy online – purchase cyproheptadine generic buy cyproheptadine 4mg online
motilium 10mg pill – sumycin cost buy flexeril for sale
buy inderal 20mg pills – order inderal 20mg without prescription methotrexate 5mg without prescription
order amoxicillin sale – order amoxil without prescription order combivent online
buy azithromycin 250mg for sale – tinidazole online order bystolic 20mg generic
buy amoxiclav online – https://atbioinfo.com/ where to buy ampicillin without a prescription
esomeprazole 20mg cheap – anexa mate buy esomeprazole without a prescription
purchase warfarin online cheap – https://coumamide.com/ cozaar 50mg cost
buy meloxicam online – tenderness order meloxicam for sale
order generic deltasone 20mg – https://apreplson.com/ order prednisone sale
buy erectile dysfunction drugs over the counter – over the counter erectile dysfunction pills cheap erectile dysfunction pills
cost amoxicillin – comba moxi order amoxil pill
order cenforce pills – https://cenforcers.com/ purchase cenforce sale
online cialis no prescription – https://ciltadgn.com/ cialis daily review
zantac medication – https://aranitidine.com/# zantac pills
cialis online aust – https://strongtadafl.com/ how long does tadalafil take to work
This is the big-hearted of writing I truly appreciate. cenforce 100 milanuncios
cheap viagra cialis levitra – click buy viagra tablets uk
This website absolutely has all of the low-down and facts I needed adjacent to this subject and didn’t know who to ask. https://buyfastonl.com/amoxicillin.html
Greetings! Utter useful par‘nesis within this article! It’s the petty changes which will make the largest changes. Thanks a portion in the direction of sharing! https://ursxdol.com/furosemide-diuretic/
I couldn’t turn down commenting. Warmly written! https://prohnrg.com/product/cytotec-online/
More posts like this would force the blogosphere more useful. https://ondactone.com/product/domperidone/
More articles like this would make the blogosphere richer.
purchase celecoxib
With thanks. Loads of expertise! http://ledyardmachine.com/forum/User-Vfeest
order dapagliflozin 10 mg online cheap – https://janozin.com/# cheap forxiga 10mg
xenical price – https://asacostat.com/ xenical 120mg cost