Ethereum

Cardano

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XRP is nearing its all-time low against Ethereum (ETH). This comes after a steep decline in XRP's value against the top altcoin. Earlier today, XRP plunged to just 0.000184 on the Binance exchange, according to TradingView <a href="https://www.tradingview.com/chart/yAgtHh3T/?symbol=BINANCE%3AXRPETH" rel="noopener noreferrer nofollow">data</a>.&nbsp;<a href="https://www.tradingview.com/chart/yAgtHh3T/?symbol=BINANCE%3AXRPETH" rel="noopener noreferrer nofollow"><img alt="chart by Trading View" data-entity-type="file" data-entity-uuid="a7f33433-fe88-4c5c-9087-f4d6f9d960ff" src="https://u.today/sites/default/files/inline-images/232423423424.png"></a><a href="https://www.tradingview.com/chart/yAgtHh3T/?symbol=BINANCE%3AXRPETH" rel="noopener noreferrer nofollow">The XRP/ETH chart by TradingView</a>
<h2 id="when-xrp-surpassed-ethereum">When XRP surpassed Ethereum&nbsp;</h2>
In September 2018, the Ripple-affiliated XRP token experienced a remarkable surge, overtaking Ethereum to become the world's second-largest cryptocurrency by market capitalization.&nbsp;
This shift in ranking was fueled by bullish sentiment from investors, who believed Ripple would become the standard for international bank transfers.&nbsp;
Back then, XRP's market cap reached $22.2 billion, eclipsing Ethereum's $22.1 billion.&nbsp;
As of the data provided, <a href="https://u.today/ethereum-whale-buys-166-million-worth-of-eth-in-just-three-days" rel="noopener noreferrer nofollow">Ethereum</a> has a market capitalization of $346.957 billion, while XRP's market cap stands at $29.308 billion. This indicates that Ethereum's market cap is significantly larger than that of XRP.
Ethereum maintains its position as the second-largest cryptocurrency by market cap, trailing behind Bitcoin. &nbsp;XRP is positioned in a distant sixth place.&nbsp;
<h2 id="conspiracy-theories">Conspiracy theories&nbsp;</h2>
The underperformance of XRP against Ethereum has sparked a series of unfounded conspiracy theories within the crypto community.&nbsp;
Some supporters of XRP argue that the SEC may have shown favoritism toward Ethereum, giving it a "free pass" while choosing to pursue legal action against XRP.&nbsp;
These unfounded theories, often shared on social media and cryptocurrency forums, imply that Ethereum's backers could have inappropriately swayed the SEC's regulatory actions, a claim for which there is no concrete evidence. This narrative has gained traction despite repeated calls for evidence-based discussions.&nbsp;
Critics of these theories, including figures like Cardano founder <a href="https://u.today/xrp-community-has-no-desire-for-peace-cardano-founder-claims" rel="noopener noreferrer nofollow">Charles Hoskinson</a>, founder of Cardano, have pointed out the lack of proof behind such accusations and have called for a return of rational discourse within the community.

XRP Approaching All-Time Low Against Ethereum (ETH)

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