XRP has set a historical milestone by surpassing Ethereum in fully diluted valuation (FDV), reaching $250 billion.
Surpassing Ethereum: A New Market Leader
Ethereum remains the king of smart contracts, although its FDV stands behind XRP. Positive developments for XRP, such as legal victories and increased institutional interest, have led to a market rally.
Market Holds with BNB, Solana, and Cardano
BNB maintains leadership in the Binance Smart Chain with an FDV of $92.8 billion, enabling token creation and decentralized apps. Solana stands at an FDV value of $79.7 billion due to its processing speed. Cardano, with its focus on scalability and smart contracts, holds an FDV of $33.1 billion.
Dogecoin Leads Meme Coins, Sui and Hyperliquid Gain Momentum
Dogecoin leads meme cryptos with an FDV of $25.95 billion, supported by community and celebrities like Elon Musk. Sui and Hyperliquid advance significantly, surpassing Stellar, Hedera, and Avalanche.
XRP's success in overtaking Ethereum marks a pivotal moment in the cryptocurrency space, potentially attracting new institutional investors and reshaping the dominance of top crypto assets.
