Market-cap peers

SOL vs XRP

Solana and XRP scored on the same 25 variables, ranked against the same 251 tokens, with every gap between them shown.

Scoring pass 18 Sept 2026. Market snapshot 7 Oct 2026.

SOL score
170/250
6th of 251 · HOLD
XRP score
121/250
63rd of 251 · CAUTIOUS HOLD
Variables won
21 to 2
2 level of 25
Framework prefers
SOL
by 49 points
01

What separates them

SOL scores 170 of 250 and ranks 6th of 251. XRP scores 121 and ranks 63rd. SOL leads by 49 points, which is a wide enough margin that the framework is not ambivalent. SOL takes 21 of the 25 variables, XRP takes 2, and 2 are level.

The framework rates SOL HOLD and XRP CAUTIOUS HOLD. Two tokens close enough to compare do not have to land in the same band, and where they do not, the divergence table below is where the split comes from.

5 variables separate them by 3 points or more. SOL is clear on Real Staking Yield (7 against 1), Protocol Revenue (7 against 3) and Vesting Schedule (7 against 3).

XRP still has 36.9% of its eventual supply to enter circulation against 7.3% for SOL. On the same market capitalisation, a buyer of XRP is taking the 1.58x dilution path and a buyer of SOL the 1.08x one.

XRP is valued at $90.31B against $68.57B for SOL, a 1.3x difference. The smaller of the two scores higher on fundamentals, which is the disagreement worth understanding before either position is taken.

02

All 25 variables, head to head

Both tokens were scored by the same framework in the same pass, so the numbers are directly comparable. What a comparison adds over two separate pages is the gap: a 6 against a 6 is a non-event, a 9 against a 3 is the reason to hold one and not the other.

Cash flow

Cash flow variables compared between SOL and XRP
Protocol Revenue7
3SOL +4
Revenue Trend5
4SOL +1
P/S Multiple5
2SOL +3
Real Staking Yield7
1SOL +6

Supply

Supply variables compared between SOL and XRP
Supply Inflation5
4SOL +1
Vesting Schedule7
3SOL +4
Circulating / FDV Ratio7
4SOL +3
Buyback and Burn4
2SOL +2

Ownership

Ownership variables compared between SOL and XRP
Smart Money Flows8
5SOL +3
Insider Selling5
4SOL +1
Holder Concentration5
4SOL +1

Traction

Traction variables compared between SOL and XRP
TVL Trend7
3SOL +4
Active Users7
5SOL +2
Developer Activity8
5SOL +3
Network Growth8
5SOL +3

Position

Position variables compared between SOL and XRP
Market Share8
6SOL +2
Competitive Moat7
5SOL +2
Institutional Adoption7
8XRP +1
Exchange Depth9
9level
Social Mindshare9
8SOL +1

Risk

Risk variables compared between SOL and XRP
Regulatory Safety6
7XRP +1
Catalyst Calendar8
7SOL +1
BTC Alpha Potential6
4SOL +2
Team Execution8
6SOL +2
Treasury Runway7
7level

Bars read outward from the centre: SOL to the left, XRP to the right. The side that leads a variable is filled. Each score is 1 to 10 against the same definition applied to all 251 rated tokens.

03

Market and supply

Market and supply figures for SOL and XRP
SOLXRP
Price$116.37$1.43
Market cap$68.57B$90.31B
Circulating92.7%63.1%
Dilution to full supply1.08x1.58x
Off all-time high-60.3%-60.8%
To recover the high2.5x2.6x
Total value locked$8.50B$95.0M
NetworkSolanaXRP Ledger

Price, market cap and all-time high from the CoinGecko snapshot fetched 7 Oct 2026. Supply shares are derived from circulating and eventual supply counts, which do not move with price. The 25 scores come from the research pass dated 18 Sept 2026.

04

Catalyst and risk on each side

SOL · HOLD

Catalyst

Spot SOL ETFs live since October 2025, so the open question is flows rather than approval; Firedancer live on mainnet with stake-weighted adoption still ramping

Principal risk

Continued VC vesting pressure; centralization concerns with validator concentration

XRP · CAUTIOUS HOLD

Catalyst

Spot XRP ETF flows, with US funds trading since November 2025; RLUSD stablecoin adoption by banks

Principal risk

About 38% of supply still held by Ripple, most of it in escrow, with monthly releases diluting holders

05

Common questions

Is SOL or XRP the better investment?
On this framework SOL scores higher: 170 against 121 of 250, and it is rated HOLD against CAUTIOUS HOLD. That is a ranking of fundamentals as recorded at the last scoring pass, not a price forecast, and SOL still wins 21 of the 25 individual variables against XRP.
What is the biggest difference between SOL and XRP?
Real Staking Yield. SOL scores 7 of 10 there and XRP scores 1, a gap of 6 points on a single variable.
Which is bigger, SOL or XRP?
SOL is valued at $68.57B and XRP at $90.31B on the latest market snapshot.
06

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Research and analysis, not investment advice. A higher score is one framework applied consistently to 251 tokens, not a prediction that one asset will outperform the other.