Ethereum Has Nearly 60% Chance of Losing Second Spot
WikiBit 2026-03-15 15:40
Ethereum's number two spotThe looming USDT threat According to Polymarket bettors, Ethereum (ETH) could be on the verge of losing its long-held status as
It has actually slipped below second place on a few rare occasions. During the massive altcoin volatility of 2018, XRP, the Ripple-affiliated token, briefly overtook Ethereum in market capitalization multiple times.
XRP first pushed Ethereum down to third place in early January 2018, and then repeated the feat later that year.
The looming USDT threat
The current threat comes from the mushrooming growth of the Tether (USDT) cryptocurrency.
The fiat-pegged stablecoin has ballooned to a massive $184.0 billion valuation.
A scenario where liquidity and stability outrank decentralized computation might end up materializing this year (especially if the current bear market continues to persist).
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