While Ethereum still holds a commanding lead in developer activity, total value locked (TVL), and market cap, XRP’s rise is increasingly hard to ignore. The combination of improved market performance, better technology, and growing institutional support could mark 2025 as the year XRP seriously challenges Ethereum’s dominance.
Still, it’s essential to remember that the cryptocurrency market is notoriously volatile, and numerous variables, including regulatory outcomes, network upgrades, and macroeconomic trends, will determine whether XRP’s ambitions can be realized. But if current trends hold, Ethereum may soon find its long-held number two spot under threat.