XRP Outperforms Ethereum Six Months Straight, 160% Gain Since November

Ripple’s XRP, once considered a laggard in the cryptocurrency market, has recently made significant strides, outperforming Ethereum for six consecutive months. This unexpected turn of events has sparked curiosity and speculation about the factors driving XRP’s success and its potential to surpass Ethereum in market capitalization.

XRP’s price has seen a remarkable recovery since the onset of the Ripple vs. SEC lawsuit, which initially caused a significant drop from its peak of $3.39 to a low of $0.10. However, following Ripple’s near-victory in the lawsuit, XRP’s price has rebounded, reaching $3 again. This resurgence has been particularly notable in the past six months, during which XRP has consistently outperformed Ethereum in terms of price growth.

The price surge began in November 2024, with XRP experiencing a 160% jump. This upward trend has continued, with gains of 18.5% in December, 45.3% in January, 4.3% in February, 19.6% in March, and 14.3% in April. This sustained performance marks the first time in history that XRP has outperformed Ethereum for more than five consecutive months.

One of the key factors contributing to XRP’s success is the resolution of the Ripple vs. SEC lawsuit. The SEC’s decision to drop its four-year-old lawsuit against Ripple has significantly boosted investor confidence. This development has led to increased buying of XRP, driving its price up to $2.5. The end of this legal battle has also brought clarity to the regulatory environment, making XRP a more attractive investment option.

Another significant factor is the growing possibility of XRP ETF approval by the end of 2025. The creation of XRP ETFs could reduce the supply of XRP available for trading, potentially driving up its price. Currently, 18 XRP ETFs are in development, with the possibility of more to come. The involvement of major financial institutions like BlackRock has further fueled excitement and investment in XRP.

The return of Trump to the presidency has also brought clearer regulations for the cryptocurrency market. This regulatory clarity is expected to increase trust in XRP, encouraging more investors to buy before prices rise. According to Geoffrey Kendrick from Standard Chartered, XRP could surpass Ethereum by 2028, driven by its utility in global payments. As of now, XRP is trading at $2.10 with a market cap of $122.14 billion, while Ethereum is at $1,613 with a market cap of $198.94 billion.