ambcrypto.com
Currently, the market is showing all the signs of an altcoin cycle.
From the technical standpoint, while Bitcoin [$BTC] dominance has trended higher for three straight weeks, recently breaking above the 59% level, Ethereum [$ETH] dominance is now taking the lead, pushing the $ETH/$BTC ratio up more than 10% over the same window. This suggests that capital is rotating across the market rather than remaining solely “Bitcoin-led.”
Ripple is no exception. As AMBCrypto flagged, FOMO around $XRP and $ETH has climbed to a five-week high, while Bitcoin sentiment remains neutral. More importantly, $XRP is leading $ETH in bullish sentiment, recording 3.02 bullish comments for every 1 bearish comment compared with $ETH’s 2.31-to-1 ratio.
In essence, FOMO around $XRP is building faster than the broader market.
The timing is important. As the chart above shows, the $XRP/$BTC ratio has recently broken below the key 0.00002 support level, a level that sparked a strong breakout during the Q3 2025 cycle. Since then, the ratio has printed more than four straight lower lows, showing that $XRP has continued to underperform Bitcoin.
Now, with sentiment turning bullish again, the question is whether this growing momentum can help $XRP reclaim strength against Bitcoin, especially with FOMO building. But the bigger question is whether that FOMO is actually showing up on-chain because, as a Layer 1 network, Ripple’s [$XRP] strength ultimately depends on real network activity and capital flows, not just market sentiment.
$XRP/$BTC consolidates as on-chain momentum builds
A 10-week consolidation usually sets the stage for a strong move in either direction.
With FOMO continuing to build, the bias is starting to lean bullish. The $XRP/$BTC ratio has now spent nearly 10 weeks consolidating around the 0.000015 level, a sign that longer-term accumulation may be taking place rather than short-term capital rotation. If that structure holds, a breakout above resistance could mark the start of a fresh leg higher for Ripple against $BTC.
From the on-chain perspective, the setup already reinforces this view. According to DeFiLlama data, XRPL’s DeFi activity is rebounding, with TVL up more than 3% over the last 24 hours. The move has been backed by a 6%+ jump increase in stablecoin supply, pushing nearly $1 billion back into the network.
To put this into perspective, more than $2 billion in stablecoins have flowed out of the Ethereum network over the same period, highlighting a shift in liquidity toward alternative Layer-1 ecosystems like XRPL.
Against this backdrop, the growing FOMO around Ripple doesn’t look like a fluke. Instead, liquidity is gradually rotating into XRPL, supporting the network’s underlying strength. If this trend continues, the $XRP/$BTC ratio could be setting up for more than just a short-term rally.
Instead, it could be the early stages of a broader breakout.
Final Summary
- $XRP FOMO is rising, while the $XRP/$BTC ratio continues to consolidate, increasing the chances of a breakout.
- Strong XRPL on-chain activity and growing stablecoin flows suggest the rally is being supported by real network growth, not just market hype.