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XRP has made a significant comeback in 2025, surpassing
in both price growth and market position. This shift was highlighted by a statement from Helius CEO Mert Mumtaz, who posted “It’s Over,” which sent ripples through the cryptocurrency community.XRP started the year strongly with a 46 percent surge in January. However, it faced a 29.3 percent dip in February and a slight 2.52 percent decline in March. Despite these setbacks,
showed resilience with a 4.98 percent gain in April, a 0.80 percent dip in May, and a 0.57 percent rise in June, bringing its price to $2.19.In contrast, Solana began the year with a 22.3 percent jump in January but struggled to maintain this momentum. February saw a sharp 36 percent decline, followed by a 15.7 percent drop in March. Although Solana managed to recover partially with an 18.6 percent increase in April and a 6.11 percent rise in May, it ended June with a 3.73 percent decline, bringing its price to $150.72.
Market capitalization data reflects this shift in momentum. XRP now ranks as the third-largest cryptocurrency with a valuation of $128.6 billion, overtaking Solana, which has dropped to sixth place with a market cap of $80.4 billion.
has also moved ahead of Solana, with a market cap of $95.5 billion.Over the past year, XRP has seen a 360.5 percent increase, while Solana has only increased by 6.8 percent. Ripple’s growth in institutional finance, particularly in cross-border payment solutions, has contributed to its rising popularity. Solana, known for its fast transaction speeds and low fees, continues to attract developers and retail users, but its dominance appears to be waning.
Mert Mumtaz’s declaration, “It is Over,” has added pressure on Solana’s status. Although Mumtaz is known for his support of the Solana ecosystem, his statement has been taken seriously by many in the industry.
Both XRP and Solana are vying for ETF approval, with XRP’s eligibility bolstered by growing legal clarity from ongoing SEC developments. Spot ETF requests are currently under consideration by the SEC, with analysts predicting a decision in the second to fourth quarter of 2025. Solana also has several ETF proposals under consideration, though none have been accepted in the United States. Canadian regulators have approved Solana ETFs, and some analysts believe Solana could still become the pioneer despite XRP’s regulatory advantage.
XRP’s strong performance and market rise have positioned it ahead of Solana in 2025. With shifting investor sentiment and key ETF decisions on the horizon, the competition between the two cryptocurrencies remains intense.

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