G.MARKETS
BTC$81,436.00-2.46%
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BTC$81,436.00▼ 2.46%ETH$2,394.93▼ 2.30%USDT$0.9989▼ 0.05%BNB$733.48▼ 1.51%XRP$1.32▼ 2.55%USDC$0.9995▼ 0.02%SOL$104.11▼ 1.92%TRX$0.3290▼ 0.40%FIGR_HELOC$1.03▼ 0.14%ZEC$1,224.31▼ 6.38%HYPE$77.75▼ 2.90%DOGE$0.0792▼ 2.32%XMR$608.50▲ 0.21%USDS$0.9996▼ 0.06%WBT$79.06▼ 2.38%LINK$12.05▼ 2.86%LEO$9.03▼ 0.10%ADA$0.2141▼ 4.00%NEAR$4.94▼ 4.95%XLM$0.1763▼ 3.06%RAIN$0.008585▼ 4.53%BCH$279.53▼ 1.31%USDE$0.9993▼ 0.03%LTC$59.04▼ 3.51%DAI$0.9997▼ 0.00%UNI$7.05▼ 4.91%CC$0.1025▼ 5.74%AVAX$9.18▼ 3.67%SUI$0.9807▼ 3.36%USD1$0.9988▼ 0.02%BTC$81,436.00▼ 2.46%ETH$2,394.93▼ 2.30%USDT$0.9989▼ 0.05%BNB$733.48▼ 1.51%XRP$1.32▼ 2.55%USDC$0.9995▼ 0.02%SOL$104.11▼ 1.92%TRX$0.3290▼ 0.40%FIGR_HELOC$1.03▼ 0.14%ZEC$1,224.31▼ 6.38%HYPE$77.75▼ 2.90%DOGE$0.0792▼ 2.32%XMR$608.50▲ 0.21%USDS$0.9996▼ 0.06%WBT$79.06▼ 2.38%LINK$12.05▼ 2.86%LEO$9.03▼ 0.10%ADA$0.2141▼ 4.00%NEAR$4.94▼ 4.95%XLM$0.1763▼ 3.06%RAIN$0.008585▼ 4.53%BCH$279.53▼ 1.31%USDE$0.9993▼ 0.03%LTC$59.04▼ 3.51%DAI$0.9997▼ 0.00%UNI$7.05▼ 4.91%CC$0.1025▼ 5.74%AVAX$9.18▼ 3.67%SUI$0.9807▼ 3.36%USD1$0.9988▼ 0.02%
ACTIVERipple USDRLUSD→EthenaENA
RLUSD WOULD BE$1.11
MULTIPLIER▲ 1.11x
TARGET MCAP$2.66B
G.MARKETS/PAIR ANALYSIS·Ripple USD logoRLUSD→Ethena logoENA· LIVE· as of 01:54 UTC
THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap →

RLUSD WOULD BE
$0.00000000
currently $0.9999 · target mcap $2.66B
#42 · RLUSD$0.9999▼ 0.0% #41 · ENA$0.1984▼ 5.5%
▲ 0.00x TO MATCHRLUSD NEEDS A 1.11x MOVE TO MATCH ENA
COIN PROFILES·RLUSD vs ENA
Ripple USD logo
RLUSDUnverified
Ripple USD
SOURCE

Ripple USD (“RLUSD”), issued by Standard Custody & Trust Company, LLC, a wholly owned subsidiary of Ripple Labs, is a USD denominated stablecoin created with trust, liquidity,…

PRICE$0.9999
24H CHANGE▼ 0.01%
MARKET CAP$2.40BFDV $2.40B · Fully circulating
RANK#42
SUPPLY2.4B RLUSD
DOMINANCE0.08%
7d▼ 0.01%
VS
Ethena logo
ENAUnverified
Ethena
TARGET
PRICE$0.1984
24H CHANGE▼ 5.46%
MARKET CAP$2.66BFDV $2.98B · 11% supply locked
RANK#41
SUPPLY13.4B ENA
DOMINANCE0.09%
7d▼ 4.23%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
1.11x bigger
RLUSD$2.40B
ENA$2.66B
THE CLIMBRipple USD logoRLUSD→Ethena logoENAMULTIPLIER▲ 1.11xGAP$262.85M
Ripple USD logo
SOURCERLUSD$2.40B
Ethena logo
TARGETENA$2.66B
log scale · mcap in USDOct 23, 2026
Ripple USD logo
RLUSDRipple USD
$2.40BSOURCE
Ethena logo
ENAEthena
$2.66BTARGET
mcap in USDOct 23, 2026
BAG SCENARIOS·IF RLUSD HIT ENA MCAP·TARGET $1.11
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 RLUSD$99.99$110.95+$10.96
Coffee money1K RLUSD$999.91$1,109.55+$109.63
Small bag10K RLUSD$9,999.14$11,095.48+$1,096.34
Real bag100K RLUSD$99,991.40$110,954.76+$10,963.36
Whale bag1M RLUSD$999,914.00$1,109,547.62+$109,633.62
Generational10M RLUSD$9,999,140.00$11,095,476.16+$1,096,336.16

FOR CONTEXT

$2.66B compared to the world
NikeNKE
$130.00B
ENA mcap is 2.0% of Nike
StarbucksSBUX
$100.00B
ENA mcap is 2.7% of Starbucks
SpotifySPOT
$90.00B
ENA mcap is 3.0% of Spotify
RobloxRBLX
$30.00B
ENA mcap is 8.9% of Roblox
RedditRDDT
$25.00B
ENA mcap is 10.6% of Reddit
SnapchatSNAP
$20.00B
ENA mcap is 13.3% of Snapchat
RELATED COMPARISONS·OTHER WAYS TO ASK
Ripple USD logoRLUSD→Bitcoin logoBTCVerified by G.MARKETS
$682.75▲ 683x
Ripple USD logoRLUSD→Ethereum logoETHVerified by G.MARKETS
$122.03▲ 122x
Ripple USD logoRLUSD→Tether logoUSDTVerified by G.MARKETS
$76.12▲ 76.1x
Ripple USD logoRLUSD→BNB logoBNBVerified by G.MARKETS
$40.23▲ 40.2x
Ripple USD logoRLUSD→XRP logoXRPVerified by G.MARKETS
$34.64▲ 34.6x
Ripple USD logoRLUSD→USDC logoUSDCVerified by G.MARKETS
$30.06▲ 30.1x

About this comparison

This page compares the market capitalizations of Ripple USD (RLUSD) and Ethena (ENA). With Ripple USD currently at $0.9999 per coin and a market cap of $2.40B, and Ethena at $0.1984 with a market cap of $2.66B, applying Ethena's market cap to Ripple USD's circulating supply produces a hypothetical RLUSD price of $1.11 — a 1.11x move from current.

Ripple USD: Ripple USD (“RLUSD”), issued by Standard Custody & Trust Company, LLC, a wholly owned subsidiary of Ripple Labs, is a USD denominated stablecoin created with trust, liquidity,…

All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.

Frequently asked

If Ripple USD had Ethena's market cap, what would the price be?

If Ripple USD (RLUSD) had Ethena's (ENA) current market cap of $2.66B, each RLUSD would be worth approximately $1.11 based on the circulating supply of 2,397,822,576 RLUSD. That is 1.11x the current RLUSD price of $0.9999.

What is the current market cap of Ripple USD?

Ripple USD (RLUSD) currently has a market cap of $2.40B, ranking #42 by market capitalization. Each RLUSD trades at $0.9999.

What is the current market cap of Ethena?

Ethena (ENA) currently has a market cap of $2.66B, ranking #41 by market capitalization. Each ENA trades at $0.1984.

How does RLUSD compare to ENA?

Ripple USD's market cap of $2.40B sits slightly above Ethena's $2.66B. For RLUSD to reach ENA's current valuation, the price would need to move 1.11x from its current level.

Is this comparison financial advice?

No. G.MARKETS is an informational tool. The hypothetical price shown is a mathematical calculation assuming Ripple USD's circulating supply stays constant — it is not a prediction, recommendation, or any form of financial, investment, legal, or tax advice. Always do your own research before making any decision related to crypto assets.

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