A very wholesome and thrilling rivalry between two of the top digital assets, Ethereum (ETH) and XRP (XRP). We saw that by the start of the last quarter of 2018, the flip-flop between both of these coins started and until now it has remained the same just because of fluctuation of the market.
It is very difficult to either guess what’s coming up next for these cryptos. Still, we have to look at the previous result of these assets and see which crypto comes up with better progress. In this case, XRP is winning the race. The way it has progressed and toppled ETH for that second spot, XRP is really asserting its place there at number 2.
Ethereum (ETH) back in Q4 of 2018 looked to just fade away, as XRP was making a prominent assertion at 2nd place. But the way ETH turns things around at the start of new year, the crypto analysts had to rethink thing on the survival of digital asset among top 3 coins. It is still one of the biggest cryptocurrencies, and also the second largest active crypto in the market after Bitcoin.
Ethereum has announced that the Constantinople will be live on 16th January. It is the fifth system-wide update by Ethereum which is also known as the hard fork. This means that the it need to be installed unilaterally over very single node in the network to work as planned.
This upgrade is set to work in four different phases which includes the first one to be the Frontier, in which the beta stage is set to develop and test the dApps. The second one is stabilization of the ETH network, third one is the development of ongoing projects and the last one is the upcoming projects.
This has given Ethereum (ETH) enthusiasts a hope that it might regain its second spot, it can happen again unless the market settles down completely.
XRP (XRP) is without a doubt one of the most successful digital assets at the moment. With the technology (Ripple) behind XRP which is flourishing every single day and has improvised the financial organizations and the banking system. The reason why XRP is there 2nd spot is just Ripple’s success.
According to the CEO of Ripple, Brad Garlinghouse, the banks are self-possessed to adopt Ripple, which ultimately means that they have to integrate XRP into their system. This has kept pushing XRP up and in future XRP could be the king of crypt industry. At the moment, XRP is winning the race against ETH in all the departments and Ripple is really helping XRP to reach for the top spot.
Ethereum Vs XRP, A Healthy Contest!
Considering Ethereum Vs XRP, it is overall a healthy contest and the way the market has gone, no one knows in the upcoming bull run Ethereum might topple XRP once again. But, this flip-flop between Ethereum and XRP helps short-term investors to gain some profit due to the oscillation of the price.
At the time of writing, Ethereum (ETH) is declining by –5.40% and XRP (XRP) by –2.40%. The market cap difference between both the coins is almost around 900 million dollars.