SOL vs XRP: key numbers
Solana as a percentage of XRP. 100% means Solana has caught up. Data as of .
| Metric | Now | 1 year ago | Peak | Data since |
|---|---|---|---|---|
| Market cap | 73.4% | 61.1% | 298.7% Nov 8, 2024 | Apr 2020 |
Solana vs XRP
Solana (SOL) is a smart-contract blockchain, and SOL pays its fees and is staked to secure it. XRP is the native token of the XRP Ledger and is closely tied to Ripple, the payments company that holds a large share of its supply. Their market caps have crossed often enough to make this one of the busiest races on the site.
How the lead changed hands, 2021 to 2024
SOL first closed above XRP on September 8, 2021, and stayed ahead for four days. After a second three-day stint in early October, Solana went in front on October 21, 2021, and held the lead for 97 days, reaching 157.6% of XRP on December 5. Between late January and early May 2022 the lead changed hands seven more times. XRP's lead from May 2, 2022, lasted more than 19 months. After FTX collapsed that November, Solana fell to 20.0% of XRP by December 28, 2022.
Solana passed XRP again on December 20, 2023, and stayed ahead for 347 days, its longest lead. On November 8, 2024, SOL was worth 298.7% of XRP, nearly three times as much. XRP's November rally erased that gap in 23 days, and XRP retook the lead on December 1, 2024, the 14th lead change between the two.
What a flip back would take
The multiple at the top of the page assumes XRP's market cap holds still, and this ratio can move fast. In late 2024 it went from nearly 3 to 1 in Solana's favor to below parity in just over three weeks. XRP's other close race is XRP vs BNB, and Solana's other big one is Solana vs Ethereum.
How XRP's supply is counted. Coin Metrics' estimated market cap uses a circulating supply sourced through CoinGecko, which leaves out the XRP Ripple holds in escrow. Ripple locked 55 billion of the 100 billion XRP in escrow in December 2017 and unlocks up to 1 billion a month. Counting the escrow, as Coin Metrics' other market-cap measure does, would move this ratio in XRP's favor.
SOL vs XRP flip history
Every stretch where Solana closed above XRP, newest first. A lead change counts once the new leader holds 3 daily closes in a row; the lead has changed hands 14 times since Apr 2020.
| SOL ahead from | Until | Days | Peak |
|---|---|---|---|
| Dec 20, 2023 | Nov 30, 2024 | 347 | 298.7% Nov 8, 2024 |
| Apr 25, 2022 | May 1, 2022 | 7 | 106.7% Apr 29, 2022 |
| Mar 31, 2022 | Apr 10, 2022 | 11 | 110.0% Apr 1, 2022 |
| Jan 29, 2022 | Feb 6, 2022 | 9 | 115.6% Feb 1, 2022 |
| Oct 21, 2021 | Jan 25, 2022 | 97 | 157.6% Dec 5, 2021 |
| Oct 2, 2021 | Oct 4, 2021 | 3 | 104.2% Oct 3, 2021 |
| Sep 8, 2021 | Sep 11, 2021 | 4 | 108.7% Sep 9, 2021 |
Frequently asked questions
Has Solana flipped XRP?
Not right now. As of November 10, 2026, Solana's market cap is 73.4% of XRP's, so SOL would need to grow 1.4× relative to XRP to flip it. Solana last led from Dec 20, 2023 to Nov 30, 2024.
What is the SOL/XRP market cap ratio today?
Solana's market cap is 73.4% of XRP's as of November 10, 2026. A year earlier, on November 10, 2025, it was 61.1%. Over the past 12 months it ranged from 53.0% to 76.3%.
How close has Solana come to flipping XRP?
The highest reading in this data is 298.7%, on November 8, 2024. Solana has led XRP 7 times since Apr 2020. Most recently: from Mar 31, 2022 to Apr 10, 2022 (11 days, peak 110.0%); from Apr 25, 2022 to May 1, 2022 (7 days, peak 106.7%); from Dec 20, 2023 to Nov 30, 2024 (347 days, peak 298.7%).
How much would SOL need to rise to flip XRP?
If XRP's market cap stayed where it is, Solana's market cap would need to grow 1.4× (about +36%) to reach parity. What matters is SOL outgrowing XRP by that much, not its dollar price on its own. At today's XRP market cap, that is roughly $113 per SOL (it closed at $83.13 on Nov 10, 2026), assuming SOL's supply stays the same.
Where does this data come from?
Market caps are Coin Metrics' estimated market capitalization (CapMrktEstUSD): the daily closing price (00:00 UTC) times a circulating supply sourced from CoinGecko, so figures can differ slightly from CoinGecko's or CoinMarketCap's own. For XRP that supply leaves out the XRP Ripple holds in escrow. Each chart plots Solana as a percentage of XRP, so 100% is parity. The data refreshes daily shortly after 00:00 UTC; the raw series is sol-xrp.json.