In 2025, XRP emerged as a leader in growth, surpassing Solana in both price increase and market position, drawing attention from experts and the crypto community.
XRP and Solana: Price Dynamics in 2025
XRP kicked off 2025 with a 46% surge in January. After a 29.3% dip in February and a slight 2.52% decline in March, it saw a 4.98% gain in April; in May, it dipped by 0.80%. However, June saw a recovery with XRP rising to $2.19.
Solana, which started the year with a 22.3% jump in January, could not maintain that trend. February saw a sharp decline of 36%, followed by an additional 15.7% drop in March. Partial recovery was noted in April as Solana rose by 18.6% and further climbed 6.11% in May, but declined by 3.73% in June.
Market Capitalization Changes
Market capitalization data confirms XRP's ascent, now ranking as the third-largest cryptocurrency at a valuation of $128.6 billion, while Solana has dropped to sixth place with a market cap of $80.4 billion. BNB also surpassed Solana with a market cap of $95.5 billion. Over the past year, XRP recorded a 360.5% increase compared to Solana's mere 6.8%.
Competition for ETF Approval
XRP and Solana are vying for ETF approvals. XRP's advantage stems from increased legal clarity due to ongoing SEC developments. Spot ETF requests are being considered by the SEC, with predictions of a conclusion between Q2 and Q4 of 2025. Solana is also exploring various ETF proposals, though none have been accepted in the United States.
XRP's performance and market rise have positioned it ahead of Solana in 2025. With shifting investor sentiment and key ETF decisions imminent, the competition between the two remains relevant.