Ethereum Surges Above $3,420 While XRP Stays Stable Over $3

Ethereum (ETH) is showing renewed strength as it climbs to $3,418.86, posting a 21.33% gain over the past week.

The second-largest cryptocurrency by market capitalization now boasts a market cap of over $412 billion, with more than $48.9 billion in trading volume recorded in the last 24 hours.

The rally in ETH has been particularly sharp over the past 24 hours, with an 8.27% jump that signals growing investor interest and possibly institutional inflows. Short-term momentum also remains positive, with ETH up 1.29% in the past hour alone.

Meanwhile, XRP has made an even steeper climb on the weekly chart, rising by 29.30% to trade at $3.13. Despite a minor hourly dip of 0.83%, XRP is still up 7.01% on the day. Its market capitalization has reached $185.4 billion, supported by a 24-hour trading volume of $10.9 billion.

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This surge comes amid a broader altcoin rebound, with both Ethereum and XRP outperforming Bitcoin on a weekly percentage basis. Ethereum’s steady growth suggests bullish sentiment surrounding its ecosystem and potential ETF inflows, while XRP’s breakout appears to be fueled by renewed legal clarity and speculation around banking partnerships.

As ETH inches toward $3,500 and XRP holds above $3, traders will be watching for signs of consolidation or continuation in this volatile but bullish environment.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.