{"id":29046,"date":"2025-07-16T18:30:00","date_gmt":"2025-07-16T18:30:00","guid":{"rendered":"https:\/\/cryptd.in\/xrp-becomes-top-3-crypto-after-proshares-etf-approval-can-it-flip-eth\/"},"modified":"2025-07-16T18:30:00","modified_gmt":"2025-07-16T18:30:00","slug":"xrp-becomes-top-3-crypto-after-proshares-etf-approval-can-it-flip-eth","status":"publish","type":"post","link":"https:\/\/cryptd.in\/el\/xrp-becomes-top-3-crypto-after-proshares-etf-approval-can-it-flip-eth\/","title":{"rendered":"XRP Becomes Top 3 Crypto After ProShares ETF Approval, Can It Flip ETH?"},"content":{"rendered":"<p>The past week has been <a href=\"https:\/\/www.newsbtc.com\/analysis\/xrp\/prepare-for-xrp-aths\/\" target=\"_blank\" rel=\"noopener \">nothing short of interesting<\/a> for XRP. Notably, the cryptocurrency has been on an extended run of increases in the past seven days, which saw it momentarily touch the $3 price level for the first time in months.\u00a0<\/p>\n<p>This interesting move came after reports broke of the US Securities and Exchange Commission\u2019s <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1174610\/000114336225000223\/UXRP071425.pdf\" target=\"_blank\" rel=\"noopener nofollow\">approval of <\/a>the ProShares Ultra XRP ETF, which allowed XRP to extend its upward movement. However, this momentum didn\u2019t just affect price; it also <a href=\"https:\/\/www.newsbtc.com\/analysis\/xrp\/xrp-price-eyes-fresh-gains-3-00\/\" target=\"_blank\" rel=\"noopener \">had major effects on <\/a>XRP\u2019s standing in the overall crypto market.<\/p>\n<h2>XRP Becomes Top 3 Crypto<\/h2>\n<p>The SEC\u2019s decision to approve the ProShares Ultra XRP ETF, which offers 2x daily exposure through futures contracts, <a href=\"https:\/\/bitcoinist.com\/pro-xrp-lawyer-celebrates-ahead\/\" target=\"_blank\" rel=\"noopener nofollow\">is an interesting milestone<\/a> for XRP. After years of legal scrutiny and uncertainty, especially following the SEC\u2019s 2020 lawsuit against Ripple, the ETF approval is a remarkable change in the<a href=\"https:\/\/bitcoinist.com\/ripple-vs-sec-former-lawyer\/\" target=\"_blank\" rel=\"noopener nofollow\"> SEC\u2019s stance with XRP.<\/a> It shows that XRP has not only survived the challenges but has also earned a place in the next phase of<a href=\"https:\/\/bitcoinist.com\/institutions-bitcoin-to-aths\/\" target=\"_blank\" rel=\"noopener nofollow\"> institutional adoption of cryptocurrencies.<\/a><\/p>\n<p>After news of the <a href=\"https:\/\/x.com\/AbsGMCrypto\/status\/1945075072399552714\" target=\"_blank\" rel=\"noopener nofollow\">ProShares ETF approval, <\/a>XRP rallied sharply and outperformed many other top assets on both the daily and weekly timeframes. This surge came as a continuation of bullish momentum already building <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/unraveling-the-bitcoin-boom-experts-decode-record-123000-surge\/\" target=\"_blank\" rel=\"noopener \">from Bitcoin\u2019s recent breakout<\/a> to new all-time highs above $122,000. However, even while Bitcoin corrected<a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/bitcoin-returns-117000-social-media-fomo-blame\/\" target=\"_blank\" rel=\"noopener \"> back to below $118,000<\/a>, XRP managed to keep up with the pace of inflows.\u00a0<\/p>\n<p>At the time of writing, XRP is up by about 25.7% in a seven-day timeframe. This notable increase has allowed its market cap to increase to $173.4 billion, effectively overtaking that of Tether USDT\u2019s market cap of $159.8 billion. This means that XRP is now back to being the third-biggest cryptocurrency by market cap and it is now closing in on Ethereum in rankings.<\/p>\n<h2>Can The Altcoin Flip ETH?<\/h2>\n<p>XRP\u2019s climb past USDT in market capitalization reflects both a solid price surge and its strength in the crypto market. The next target on the leaderboard, however, is much more formidable.<\/p>\n<p>To flip ETH in market cap, XRP would need to more than double from its current $173.46 billion to exceed Ethereum\u2019s $381.13 billion. Assuming the current circulating supply of 59.13 billion XRP tokens is kept at this level, this translates to a required price of roughly $6.60 per XRP in order to reach a $381.13 billion market cap.\u00a0<\/p>\n<p>XRP overtaking ETH would also be somewhat of a hard task, considering the fact that ETH has <a href=\"https:\/\/bitcoinist.com\/ethereum-adoption-intensifies\/\" target=\"_blank\" rel=\"noopener nofollow\">also kept up interesting price<\/a> gains in the past few days. Particularly, the leading altcoin is also up by about 20.2% in the past seven days. Ethereum\u2019s price performance <a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/ethereum-etf-inflows-8-streak-institutions-buying\/\" target=\"_blank\" rel=\"noopener \">can be attributed to <\/a>the steady inflows into Spot Ethereum ETFs, which have witnessed $1.55 billion inflows in July.<\/p>\n<p>However, XRP still has a chance of overtaking Ethereum, especially when <a href=\"https:\/\/bitcoinist.com\/spot-xrp-solana-cardano-etfs-up-next-but-when\/\" target=\"_blank\" rel=\"noopener nofollow\">a Spot XRP ETF<\/a> is approved by the SEC. An <a href=\"https:\/\/bitcoinist.com\/xrp-etf-race-heats-up\/\" target=\"_blank\" rel=\"noopener nofollow\">important moment could happen<\/a> on July 25, when the SEC is expected to decide on the REX-Osprey XRP ETF, which is a spot-based ETF.\u00a0<\/p>\n<p>Some analysts believe XRP\u2019s price <a href=\"https:\/\/www.newsbtc.com\/xrp-news\/xrp-price-will-stabilize-at-1000\/\" target=\"_blank\" rel=\"noopener \">could skyrocket toward $1,000<\/a> under a scenario of full-scale institutional adoption. If that vision materializes, XRP wouldn\u2019t just surpass Ethereum; it would be positioned to compete with Bitcoin in market cap.<\/p>\n<p>At the time of writing, XRP is trading at $2.93.<\/p>\n<p><img decoding=\"async\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/z0RzaLJO\/\" alt=\"XRP\" width=\"2108\" height=\"1502\" loading=\"lazy\" \/><\/p>","protected":false},"excerpt":{"rendered":"<p>The past week has been nothing short of interesting for XRP. Notably, the cryptocurrency has been on an extended run of increases in the past seven days, which saw it momentarily touch the $3 price level for the first time in months.\u00a0 This interesting move came after reports broke of the US Securities and Exchange [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":29048,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-29046","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>XRP Becomes Top 3 Crypto After ProShares ETF Approval, Can It Flip ETH? - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/el\/xrp-becomes-top-3-crypto-after-proshares-etf-approval-can-it-flip-eth\/\" \/>\n<meta property=\"og:locale\" content=\"el_GR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"XRP Becomes Top 3 Crypto After ProShares ETF Approval, Can It Flip ETH? - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"The past week has been nothing short of interesting for XRP. Notably, the cryptocurrency has been on an extended run of increases in the past seven days, which saw it momentarily touch the $3 price level for the first time in months.\u00a0 This interesting move came after reports broke of the US Securities and Exchange [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptd.in\/el\/xrp-becomes-top-3-crypto-after-proshares-etf-approval-can-it-flip-eth\/\" \/>\n<meta property=\"og:site_name\" content=\"cryptd.in\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-16T18:30:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.tradingview.com\/x\/z0RzaLJO\/\" \/>\n<meta name=\"author\" content=\"cryptd.in\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"\u03a3\u03c5\u03bd\u03c4\u03ac\u03c7\u03b8\u03b7\u03ba\u03b5 \u03b1\u03c0\u03cc\" \/>\n\t<meta name=\"twitter:data1\" content=\"cryptd.in\" \/>\n\t<meta name=\"twitter:label2\" content=\"\u0395\u03ba\u03c4\u03b9\u03bc\u03ce\u03bc\u03b5\u03bd\u03bf\u03c2 \u03c7\u03c1\u03cc\u03bd\u03bf\u03c2 \u03b1\u03bd\u03ac\u03b3\u03bd\u03c9\u03c3\u03b7\u03c2\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 \u03bb\u03b5\u03c0\u03c4\u03ac\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/xrp-becomes-top-3-crypto-after-proshares-etf-approval-can-it-flip-eth\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/xrp-becomes-top-3-crypto-after-proshares-etf-approval-can-it-flip-eth\\\/\"},\"author\":{\"name\":\"cryptd.in\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/#\\\/schema\\\/person\\\/7973e8183bc6723b86adfe84d5af0ce4\"},\"headline\":\"XRP Becomes Top 3 Crypto After ProShares ETF Approval, Can It Flip ETH?\",\"datePublished\":\"2025-07-16T18:30:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/xrp-becomes-top-3-crypto-after-proshares-etf-approval-can-it-flip-eth\\\/\"},\"wordCount\":557,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/xrp-becomes-top-3-crypto-after-proshares-etf-approval-can-it-flip-eth\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cryptd.in\\\/wp-content\\\/uploads\\\/2025\\\/07\\\/XRP-from-Getty-Images-48-XEmd4I.jpg\",\"articleSection\":[\"Feeds\"],\"inLanguage\":\"el\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/cryptd.in\\\/xrp-becomes-top-3-crypto-after-proshares-etf-approval-can-it-flip-eth\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/xrp-becomes-top-3-crypto-after-proshares-etf-approval-can-it-flip-eth\\\/\",\"url\":\"https:\\\/\\\/cryptd.in\\\/xrp-becomes-top-3-crypto-after-proshares-etf-approval-can-it-flip-eth\\\/\",\"name\":\"XRP Becomes Top 3 Crypto After ProShares ETF Approval, Can It Flip ETH? 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