XRP Dominance booms as altcoins bleed – Can it challenge Bitcoin, Ethereum next?

By admin On Mar 14, 2025

XRP.D has surged to hit its highest level since 2020, outpacing all altcoins.

Despite altcoins seeing significant losses, XRP’s dominance has been at its highest level since 2020.

XRP has gained by 2.61% over the past day.

Over the past year, Ripple’s XRP has experienced one of the most impressive growth across the charts, growing from a low of $0.4 to a high of $3.2.

Solana’s SIMD 228 inflation cut proposal fails, but ‘network…

Hyperliquid’s $4M culprit bags $177K in fresh gains –…

This expansion has had a tremendous impact on its position in the wider crypto market.

Source: TradingView

At press time, XRP’s dominance was outperforming the majority, if not all altcoins, and also Bitcoin [BTC]. In fact, XRP.D is currently at its highest level since 2020.

Looking at BTC’s strength, it suggests that Bitcoin dominance — in a 3-day timeframe — is at the highest level it has been throughout this cycle.

Source: TradingView

So, BTC’s market share is at the highest point it has been so far since April 2021. This directly shows that altcoins across the board have the least dominance since 2021. Thus, XRP is outperforming most altcoins.

What XRP’s charts suggest

Source: Messari

XRP’s market cap dominance has risen from 1.7% to 5.17% over the past year. This shows that XRP has seen massive capital inflow with the number of users, and an increased adoption rate relative to other crypto assets.

Compared to the market cap of the largest altcoin, Ethereum [ETH], which from 17% to 8% over the past year, XRP has gained over the same period.

Source: Messari

Additionally, XRP’s risk-adjusted to returns has experienced strong growth over the past year, rising from negative (-0.315) to a high of 2.39 and now settling at 1.61.

Such a spike implies that XRP is providing more returns relative to the risk taken. This has made the asset more attractive to investors, leading to more capital inflow and higher adoption rate.

What next for the altcoin?

With the rising strength against the market, Ripple’s XRP is well positioned for growth.

If the strength observed holds for a sustained period, it will not only challenge the competition, but also see more gains on its price charts to reclaim $3.

Take a Survey: Chance to Win $500 USDT

Next: PEPE bounces 37% from recent lows – Will recovery continue?
Source