Solana Needs 46% Price Surge to Overtake XRP in Market Cap

Solana's market capitalization gap to XRP is not just about price, but also depends on factors such as on-chain usage, protocol revenue, and institutional funding. According to data from CoinDesk, XRP's current market cap is approximately $69.12 billion, while Solana's is around $47.42 billion.

Solana chain data shows significant growth, with approximately 3.3 million daily active addresses, making it one of the most-used Layer 1 networks with a market share of nearly 23%. In contrast, the XRP Ledger has daily active addresses ranging from about 15,000 to 16,000.

Transaction and revenue data also reveal a gap between the two. Solana has accumulated approximately $36.7 million in protocol revenue since early 2026, ranking second among public blockchains after Ethereum and Tron. Meanwhile, XRP Ledger generated approximately $766,900 during the same period.

Ripple's institutional adoption remains strong, with nearly 75 regulatory licenses globally and collaborations with institutions such as SBI Holdings, Santander, PNC Bank, CIBC, and Aviva Investors. However, to surpass XRP in market capitalization, Solana would need a price increase of approximately 46% from its current price of $81.