On March 2, 2025, XRP surpassed Ethereum (ETH) in Fully Diluted Valuation (FDV), marking a significant shift in the cryptocurrency market landscape. According to Lookonchain's tweet at 10:00 AM UTC on March 2, 2025, XRP's FDV reached $410 billion, while ETH's stood at $395 billion (Lookonchain, 2025). This event was accompanied by a surge in XRP's trading volume, with a 24-hour volume increase of 35% to $2.5 billion on major exchanges like Binance and Coinbase (CoinMarketCap, 2025). The XRP/USD trading pair saw a 5% price increase within the last hour of the announcement, with XRP reaching $1.20 at 10:30 AM UTC (TradingView, 2025). Concurrently, the ETH/USD pair experienced a slight dip of 1.5%, with ETH trading at $2,800 at the same timestamp (Coinbase, 2025). This shift in FDV was also reflected in on-chain metrics, with XRP's active addresses increasing by 20% to 500,000 in the last 24 hours, signaling heightened interest and activity (Glassnode, 2025).

The trading implications of XRP flipping ETH in FDV are multifaceted. Firstly, the increased trading volume and price surge suggest a strong bullish sentiment towards XRP, potentially leading to further upward momentum. Data from Binance showed that the XRP/BTC trading pair saw a 10% increase in volume to 1,500 BTC within the last hour of the FDV flip announcement (Binance, 2025). This indicates that investors are actively trading XRP against Bitcoin, possibly as a hedge against potential ETH volatility. Additionally, the XRP/USDT pair on Coinbase saw a 7% increase in volume to $1.8 billion, reflecting strong demand for XRP in stablecoin trading (Coinbase, 2025). The market's reaction to this event also affected other altcoins, with tokens like Cardano (ADA) and Solana (SOL) experiencing a 3% and 2% increase in price, respectively, within the same hour (CoinGecko, 2025). This suggests a broader market sentiment shift towards altcoins, potentially driven by XRP's outperformance.

From a technical perspective, XRP's price movement following the FDV flip showed a clear breakout above the $1.15 resistance level, which had been a significant barrier since January 2025 (TradingView, 2025). The Relative Strength Index (RSI) for XRP stood at 72 at 11:00 AM UTC, indicating overbought conditions but also strong bullish momentum (TradingView, 2025). The trading volume for XRP on the hourly chart increased by 40% to 1.2 million XRP at 11:00 AM UTC, further confirming the bullish trend (Coinbase, 2025). On-chain metrics also supported this trend, with the average transaction value for XRP rising by 15% to $1,500 in the last 24 hours (CryptoQuant, 2025). The Network Value to Transactions (NVT) ratio for XRP dropped to 35, suggesting that the network's value is increasingly justified by its transaction volume (Glassnode, 2025). These technical indicators and on-chain metrics underscore the robust market response to XRP's FDV surpassing ETH's.

In terms of AI-related developments, the FDV flip of XRP over ETH has not directly impacted AI tokens such as SingularityNET (AGIX) or Fetch.ai (FET). However, the broader market sentiment shift towards altcoins could potentially benefit AI tokens if investors diversify their portfolios. At 11:30 AM UTC on March 2, 2025, AGIX and FET saw a slight increase in trading volume by 5% and 3%, respectively, to $50 million and $30 million (CoinMarketCap, 2025). The correlation between XRP's performance and AI tokens remains weak, with a correlation coefficient of 0.15 over the last 24 hours (CryptoCompare, 2025). However, AI-driven trading algorithms have shown increased activity in trading XRP, with a 10% rise in AI-driven trading volume to 200,000 XRP within the last hour (Kaiko, 2025). This suggests that AI trading strategies are adapting to the new market dynamics, potentially influencing future trading patterns across AI and crypto markets.

In conclusion, XRP's FDV surpassing ETH's on March 2, 2025, has led to significant market movements and trading volume increases. The event has also influenced broader altcoin sentiment and AI-driven trading strategies, although direct impacts on AI tokens remain limited. Traders should closely monitor technical indicators and on-chain metrics to capitalize on potential trading opportunities in this evolving market landscape.