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Is XRP heading for a market cap nearly 2x higher than ETH's current one?

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XRP is holding its ground around $1.41 today, ending August with a strong 35% gain. The token's current price momentum confirms a little-known fact — contrary to the entrenched belief that the beginning of autumn is historically weak, XRP's performance over the past several years reveals a pronounced bullish trend.

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Abstentions created the smaller public margin, while on-chain finalization remained pending at the latest check.

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Bitcoin is behaving less like a technology stock and more like gold as its correlations shift sharply, according to Grayscale. Rising U.S. debt and renewed fiscal concerns are also bringing the debasement trade back into focus.