Grayscale: XRP Market Cap Nears 6% of Bitcoin's Valuation
- —XRP equals roughly 5.6% of Bitcoin's market cap ($94.08B vs $1.678T)
- —Zcash topped 1% of BTC's market cap, Monero sits at 0.5–0.7%
- —In the 2017–2018 cycle XRP's ratio briefly exceeded 20% of Bitcoin's
- —A 6% ratio would imply an XRP market cap of about $100.7 billion
Why it matters: A rising XRP-to-Bitcoin ratio signals relative outperformance, though XRP's price still depends on Bitcoin's market cap trajectory.
Source: The Crypto Basic