XRP is on track for six consecutive months of positive returns against Ethereum for the first time, gaining 160% in November and continuing its momentum into 2025. In contrast to the previous year’s negative performance, XRP has benefitted from positive developments in its SEC case and growing speculation about an upcoming XRP ETF.
XRP, the cryptocurrency associated with Ripple, is poised to achieve a remarkable milestone: six consecutive months of positive performance against Ethereum (ETH). In November, XRP surged 160% compared to ETH, initiating a trend that is expected to continue throughout 2025. In March, the XRP/ETH pair increased by nearly 20%, with an additional 14% rise observed this month.
This successful run stands in contrast to the previous year, wherein XRP experienced seven consecutive months of losses against Ethereum, including a notable 20.4% drop in February 2024. However, XRP’s performance has markedly improved, driven by momentum carried over from the last quarter and positive news regarding the ongoing SEC v. Ripple case.
In addition to these developments, there is growing optimism surrounding an anticipated spot-based XRP ETF, with many analysts suggesting its approval is imminent. This combination of factors contributes to XRP’s recent strong performance against its rival, Ethereum.