XRP has recorded six consecutive months of positive performance against Ethereum, marking a historic achievement supported by optimistic developments in the Ripple-SEC case and expected ETF approvals. In a related event, a significant Bitcoin transaction of 600 BTC to Binance has analysts speculating on market implications. Former SEC Chair Gary Gensler commented on the SEC’s decision to drop cases against various crypto firms, stressing that sentiment plays a crucial role in cryptocurrency valuations.
XRP is experiencing a remarkable performance against Ethereum (ETH), achieving six consecutive months of positive returns. This unprecedented achievement for XRP comes after a significant surge in November where it rose by 160% compared to ETH. This trend has continued into 2025, with XRP/ETH showing gains of nearly 20% in March and 14% in the current month. In stark contrast, from November 2023 to May 2024, XRP suffered seven months of negative performance, including a 20.4% decline in February. Analysts suggest that positive developments in the Ripple-SEC case and excitement about potential ETF approvals are driving this momentum.
