Skip to main content

XRP Surges Past Bitcoin as CNBC Declares It the New Crypto Favorite



Ripple’s XRP Surges as Market Sentiment Turns Bullish


Ripple's native token, XRP, has recently garnered significant attention after a remarkable 25% increase in its price during the first week of the year. Market analysts and traders are increasingly viewing XRP as a rising star in the crypto landscape, driven by a confluence of institutional interest, social momentum, and renewed partnership developments.


Analysts highlight that XRP is outperforming major cryptocurrencies like Bitcoin and Ether, which have only seen modest gains of 6% and 10%, respectively, since the start of 2023. This rally is attributed to multiple factors, including bullish social sentiment and strong on-chain fundamentals, positioning XRP as a notable player this year.


Growing ETF Interest Bolsters XRP's Momentum


Market observers point to the strong inflow into XRP-focused exchange-traded funds (ETFs) as a key driver of the rally. CNBC's Mackenzie Sigalos remarked that, contrary to typical trends seen with Bitcoin and Ether ETFs, investors heavily piled into XRP ETFs during Q4, capitalizing on lower prices and seeking less crowded trades. This trend has persisted into January, with nearly $100 million flowing into four dedicated XRP ETFs, bringing total inflows to over $1.15 billion without a single outflow day, according to data from Coinglass.



XRP ETF inflows chart
No outflow days for XRP ETFs. Source: Coinglass


Positive Social Sentiment and On-Chain Activity


Market sentiment analysis further reinforces XRP's bullish outlook. AI-driven tools like Market Prophit report that both retail and institutional investors exhibit bullish confidence, supported by increased on-chain activity. New data indicates a sharp decline in XRP reserves held on Binance, reaching lows not seen in two years, suggesting reduced selling pressure.


Additionally, XRP's transaction volume and network activity have surged over 50% in recent weeks, signaling growing interest and engagement within its ecosystem.


Strategic Moves in Japan and Regulatory Developments


Ripple has accelerated its expansion efforts in Japan through partnerships with major financial institutions, including Mizuho Bank and SMBC Nikko, aiming to expand XRP Ledger adoption across the country. Moreover, Ripple received conditional approval from the US Office of the Comptroller of the Currency to establish Ripple National Trust Bank, a significant step toward broader banking integration.


Ripple President Monica Long commended the company’s recent funding round and valuation of $40 billion, emphasizing their strategic focus on growth rather than immediate plans for an IPO.



https://www.cryptobreaking.com/xrp-surges-past-bitcoin-as/?utm_source=blogger%20&utm_medium=social_auto&utm_campaign=XRP%20Surges%20Past%20Bitcoin%20as%20CNBC%20Declares%20It%20the%20New%20Crypto%20Favorite%20
Labels:

Comments

Post a Comment

Popular posts from this blog

Scaramucci Family Invests $100M in Trump-Backed Bitcoin Mining Firm

The recent investment in American Bitcoin highlights the growing interest and participation of prominent figures and families in the cryptocurrency mining sector, particularly in the United States. With over $100 million from the Scaramucci family’s Solari Capital and backing from notable entrepreneurs and investors, American Bitcoin is solidifying its position as a significant player in the evolving blockchain and crypto markets. This move underscores the increasing institutional and individual involvement in Bitcoin and related assets, shaping the future of the crypto industry amidst regulatory and market dynamics. The Scaramucci family’s private investment firm, Solari Capital, has committed over $100 million to American Bitcoin, a major U.S.-based mining company. American Bitcoin raised $220 million in a funding round before going public via reverse merger, with notable backers including Tony Robbins, Charles Hoskinson, Grant Cardone, and Peter Diamandis. The company ...
Post a Comment
Read more

What Does it Mean When BTC Futures Turn Negative Compared to Spot Price?

Recent shifts in the cryptocurrency market highlight a growing cautious sentiment among traders, as the Bitcoin futures-to-spot basis has turned negative for the first time since March 2025. This development suggests a potential cooling of investor enthusiasm, with traders showing a preference to de-risk amid increasing market volatility. The trend underscores ongoing uncertainty in the crypto markets, impacting Bitcoin’s price outlook and trading dynamics. Bitcoin futures-spot basis has dipped into negative territory, signaling increased caution among traders. Internal exchange flow surges often precede heightened volatility and liquidity stress. The market’s leverage ratio has decreased, indicating a healthier futures environment and reduced forced-liquidation risks. Historical patterns of negative basis may point either to a market bottom or further downside, depending on subsequent price movements. Bitcoin futures-spot basis signals two different pathways Bitcoi...
Post a Comment
Read more

Binance Blockchain Week Main Stage Agenda

DUBAI- Friday, 21th November 2025 - Binance Blockchain Week will feature a lineup of government leaders, industry pioneers, and cultural icons for pivotal discussions on the future of the digital economy. The event will unpack critical topics, from Bitcoin and tokenization to the future of digital money, with headline keynotes and debates. KEY HIGHLIGHTS: UAE Leadership in AI and Digital Economy: His Excellency Omar Sultan Al Olama, Minister of State for Artificial Intelligence, will open the main stage with a keynote address on the UAE's strategic vision and leadership in AI, digital assets, and the future economy. Michael Saylor's UAE Debut: Michael Saylor, Executive Chairman & Co-Founder of MicroStrategy, will deliver his first ever keynote in the UAE, "The Undeniable Case for Bitcoin," followed by a live community AMA. Industry Titans Unite: A powerhouse panel featuring Brad Garlinghouse (CEO, Ripple), Lily Liu (President & Co-Founder, Solan...
Post a Comment
Read more