Emma Nelson 
Despite the prevailing bearish trends in the market, XRP continues to outperform Bitcoin in terms of weekly inflows. While digital asset investment products have experienced significant outflows for four consecutive weeks, XRP has posted impressive gains, surpassing Bitcoin and even Ethereum. This marks a shift in market sentiment, and it’s worth exploring how XRP is now outpacing the leading cryptocurrencies.
XRP
XRP Sees Inflows, Surpassing Bitcoin and Ethereum
XRP has defied broader market trends, attracting significant investor interest with a substantial inflow of $5.6 million, according to CoinShares’ weekly data. This notable influx demonstrates XRP’s growing appeal in the market, despite the ongoing market downturn.
Digital asset investment products, on the other hand, have been plagued by significant outflows, marking the fourth consecutive week of large withdrawals. Last week alone, these products saw an outflow of $876 million, bringing the total net outflow to $4.75 billion.
Bitcoin saw the most substantial outflows, with $756 million withdrawn from the asset. Additionally, short-Bitcoin investments faced outflows of $19.8 million, suggesting that investors may be approaching a state of capitulation. Ethereum also experienced a notable outflow of $89.2 million, while Cardano saw $1.9 million in outflows.
Interestingly, Solana emerged as the top gainer, with weekly inflows of $16.4 million, followed closely by XRP with $5.6 million. Sui also garnered attention with over $2 million in weekly inflows.
Key Factors Driving XRP’s Positive Market Sentiment
XRP has gained significant investor support in recent weeks, driven by several key developments. Notably, the U.S. Securities and Exchange Commission’s (SEC) recognition of XRP ETFs from multiple asset managers has spurred positive sentiment. Additionally, ongoing updates related to the Ripple lawsuit have fueled optimism, with many anticipating a potential resolution.
Furthermore, President Donald Trump’s crypto reserve plan, which includes Bitcoin, XRP, Solana, and Cardano as the country’s reserve assets, has attracted notable attention to XRP. This has helped generate increased investor demand and adoption, as highlighted by the substantial inflows seen over the past week.
The Crypto Market Crash: Performance of Top Cryptocurrencies
The crypto market has recently experienced a significant downturn, with many top cryptocurrencies seeing notable declines. Bitcoin is currently trading below $83k, marking a 10% drop over the past week. Ethereum, on the other hand, has faced a 10.61% decrease, now trading at $2,123.
Meanwhile, XRP is trading at $2.20, reflecting a massive 17% drop over the last seven days. Despite this, XRP recently reached a monthly high of $2.90 before the current market crash pushed the price lower.
During this period, when major cryptocurrencies faced substantial withdrawals, XRP bucked the trend and attracted investors. While Bitcoin and Ethereum saw outflows of $2.59 billion and $300 million, respectively, XRP secured a notable gain of $5 million.
Even amid the downtrend, XRP is demonstrating remarkable investor sentiment, with a 121.9% increase in daily trading volume, which has reached $7.69 billion. It remains to be seen whether XRP will continue to attract such levels of investor interest, as traders are closely watching how developments in the XRP ETF and Ripple lawsuit might impact the token’s price.
