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

16h ago
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on-chain analysis from Glassnode shows that capital is rotating more decisively into XRP than into its rival, Solana (SOL)
  • 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.

16h ago
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