<ul><li>XRP's fully diluted valuation (FDV) has surpassed Ether (ETH), with XRP's FDV standing at nearly $235 billion compared to Ether's around $234 billion.</li><li>The FDV flip represents a change in market dynamics with XRP's decentralized finance (DeFi) ecosystem gaining traction and Ethereum facing competition from other layer-1 blockchain networks.</li><li>Despite XRP's higher FDV, Ether still leads in terms of market capitalization with $233 billion compared to XRP's $136 billion.</li><li>XRP's price has increased by over 300% since President Donald Trump's election victory, benefiting from the thawing US regulatory environment and its institutional DeFi roadmap.</li></ul>

XRP flips Ether’s FDV amid change in market dynamics

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