4X Realized Cap Growth vs Solana
The post 4X Realized Cap Growth vs Solana appeared on BitcoinEthereumNews.com. 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 in a market where temporary sentiment often dictates the price action. Throughout April, both XRP and SOL showed relatively flat or negative 30-day realized cap changes. However, a shift began in late April, with Solana pulling into positive territory first, followed closely by XRP. By early June, XRP’s growth accelerated while SOL consolidated and then started to drop. XRP’s Momentum Builds Rising realized cap typically indicates that buyers are purchasing the asset at higher prices, indicating confidence through their willingness to pay more. XRP’s momentum could be attributed to renewed interest following growing speculation around its potential exchange-traded fund (ETF) entry. XRP now appears to be the most in-demand altcoin for spot ETF filings from major Wall Street firms. This could contribute to its imminent breakout…
The post 4X Realized Cap Growth vs Solana appeared on BitcoinEthereumNews.com.
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 in a market where temporary sentiment often dictates the price action. Throughout April, both XRP and SOL showed relatively flat or negative 30-day realized cap changes. However, a shift began in late April, with Solana pulling into positive territory first, followed closely by XRP. By early June, XRP’s growth accelerated while SOL consolidated and then started to drop. XRP’s Momentum Builds Rising realized cap typically indicates that buyers are purchasing the asset at higher prices, indicating confidence through their willingness to pay more. XRP’s momentum could be attributed to renewed interest following growing speculation around its potential exchange-traded fund (ETF) entry. XRP now appears to be the most in-demand altcoin for spot ETF filings from major Wall Street firms. This could contribute to its imminent breakout…
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