XRP’s recent performance against Ethereum (ETH) has been remarkable, marking six consecutive months of positive returns—a first in history. This surge began in November 2023, with XRP gaining a whopping 160% compared to ETH. This trend continued throughout the year, leading to a significant rise in the XRP/ETH exchange rate. In March 2025, XRP surged by nearly 20%, further boosting its performance. This reversal marks a stark contrast to the previous year. From November 2023 to May 2024, XRP experienced seven consecutive months of negative price performance against ETH. February 2024 saw an even steeper dip, with XRP plummeting by as much as 20.4%. XRP’s momentum has carried into the new year thanks to positive developments in the SEC v. Ripple case and increasing interest in spot-based XRP ETFs. Analysts believe a spot-based XRP ETF is likely on its way. As reported by U.Today, this belief is fueled by recent developments.