XRP’s Momentum Builds: 4X Realized Cap Growth vs Solana
0
0

- XRP’s realized cap is up 4.2% over 30 days, outpacing Solana’s 1%, signaling stronger short-term capital inflows
- Glassnode attributes this to faster capital rotation into XRP, reflecting higher investor conviction in the asset
- The divergence may reflect growing optimism for XRP amid spot ETF rumors
Amid major shifts in the cryptocurrency market, XRP has taken the lead in short-term capital rotation. It outpaced Solana (SOL) in realized capitalization growth over the past 30 days, according to the latest information shared by blockchain analytics platform Glassnode.
On-Chain Data Shows Capital Rotating Faster into XRP
Per data, XRP’s 30-day change in realized capitalization has surged to +4.2%, significantly ahead of Solana’s more modest +1%. Realized cap measures the value of all tokens at the price they last moved on-chain, offering a more accurate indicator of active capital compared to traditional market cap metrics.
Glassnode interprets this as a signal that capital is flowing more decisively into XRP, pointing out that “capital is rotating faster into #XRP, hinting at stronger short-term conviction.” This metric is particularly telling …
The post XRP’s Momentum Builds: 4X Realized Cap Growth vs Solana appeared first on Coin Edition.
0
0
Securely connect the portfolio you’re using to start.