XRP Secures #2 Spot on Coinbase, Flips Ethereum – Fact Check

• XRP climbs to $2.90 as South Korean traders drive surge.
• Claims of XRP flipping Ethereum on Coinbase investigated.
• ISO 20022 update boosts optimism around Ripple’s financial integration.

XRP surged to $2.90 earlier today, marking a significant price rally driven by increased demand from South Korean retail traders. The sudden spike in activity sparked claims that XRP had overtaken Ethereum to become the second most-traded asset on Coinbase by volume.

According to a post by Whale Insider, XRP recorded $413 million in 24-hour trading volume on Coinbase, second only to Bitcoin. The tweet highlighted that XRP has overtaken Ethereum to take the #2 spot on the exchanges’ rankings charts, bringing great enthusiasm to the XRP community.

JUST IN: $XRP surges to #2 spot on Coinbase with $413 million in 24H trading volume, second only to BTC. pic.twitter.com/ua5tRBpdje

— Whale Insider (@WhaleInsider) July 14, 2025

The move is part of an even wider bullish pattern, as the XRP token has gained momentum due to increased buying activity and intense attention worldwide.

Also Read: ‘Get Ready for a New XRP All-Time High’ – Expert Shares New Chart, Says It Will Happen Fast

Did XRP Really Flip Ethereum on Coinbase? Fact Check

Despite the widespread claims, an independent review by 36crypto reveals that XRP has not yet overtaken Ethereum in the Coinbase rankings. On-chain data indicates that XRP is in the 3rd position on the exchange at the time.

The token only succeeded in moving past USDT to third place in terms of market exposure and trading. Nonetheless, Ethereum is still holding its ground above XRP on the Coinbase chart.

This finding directly contradicts the earlier assertion that XRP had flipped Ethereum. Confusion might have arisen due to the sudden growth in the volume of XRP, especially on exchanges such as Upbit, but Ethereum is still leading XRP in Coinbase rankings.

What’s Driving XRP’s Price Surge

XRP’s price rally is supported by several key factors, with trading activity from South Korean investors playing a central role. Upbit leads in the volume of XRP transactions, showing over 500 million, as commanded by Bitcoin and Ethereum in the same time frame.

Besides, the ISO 20022 update to the messaging standard used by the U.S. Federal Reserve has also attracted attention in the market. The release of this service is officially planned for today. XRP is an ISO 20022-aligned currency, and its compatibility has also boosted investors’ intuition about whether it is suited to financial systems.

The partnerships with large institutions like SBI Holdings and Bank of America prove the point of adding credibility to Ripple’s work in the role of cross-border payments and real-time settlement.

Conclusion

XRP’s climb to $2.90 has placed it in the spotlight, with rising trading volume and institutional relevance fueling optimism. While it did move up the Coinbase chart by surpassing USDT, XRP has not yet flipped Ethereum for the #2 spot.

The surge remains notable, however, as the ISO 20022 rollout adds further support to the token’s growing adoption narrative.

Also Read: Pundit Says Something Massive is Brewing for XRP as Alt Season Unleashes – Here’s What He Means

The post XRP Secures #2 Spot on Coinbase, Flips Ethereum – Fact Check appeared first on 36Crypto.