In accordance with CryptoPotato, XRP has overtaken Ethereum in fully diluted market cap, reaching $208.4 billion compared to Ethereum's $192.5 billion. This milestone comes amid several developments, including the appointment of Paul Atkins as the new SEC Chair on April 21, which may influence the ongoing lawsuit against Ripple Labs. Additionally, Coinbase launched a CFTC-regulated XRP futures product, potentially attracting institutional investors. Whale activity has surged, with XRP trading volume exceeding 20 million in a minute, and network activity increased by 67.5% in mid-April. These factors contribute to XRP's potential undervaluation and long-term investment appeal, despite trailing other top cryptocurrencies in recent gains.
XRP Surpasses Ethereum in Market Cap Amid SEC Changes and Whale Activity
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