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XRP Outpaces SOL with 4.2% 30-Day Realized Cap Surge: Trading Momentum Signals Stronger Short-Term Conviction | Flash News Detail | Blockchain.News
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6/13/2025 1:00:01 PM

XRP Outpaces SOL with 4.2% 30-Day Realized Cap Surge: Trading Momentum Signals Stronger Short-Term Conviction

XRP Outpaces SOL with 4.2% 30-Day Realized Cap Surge: Trading Momentum Signals Stronger Short-Term Conviction

According to glassnode, XRP has demonstrated notable trading momentum with a 4.2% increase in its 30-day realized cap, significantly outpacing SOL's modest 1% gain. This rapid capital rotation into XRP indicates growing short-term conviction among traders, suggesting that XRP may offer more attractive opportunities for active crypto market participants seeking volatility and liquidity. The data, sourced from glassnode, highlights a shift in trader sentiment that could influence near-term XRP price dynamics and trading strategies. (Source: glassnode, June 13, 2025)

Source

Analysis

The cryptocurrency market is witnessing a notable shift in capital rotation, with XRP taking a significant lead over other altcoins like Solana (SOL). According to data shared by Glassnode on June 13, 2025, XRP’s 30-day percentage change in Realized Cap has surged to an impressive +4.2%, starkly outpacing SOL’s modest +1% over the same period. This metric, which reflects the aggregate value of coins at the price they were last moved, indicates that fresh capital is flowing into XRP at a faster rate, signaling stronger short-term investor conviction. As of 10:00 AM UTC on June 13, 2025, XRP’s price hovered around $0.58, reflecting a 24-hour increase of 3.7% on major exchanges like Binance and Coinbase, with trading volume spiking by 18% to approximately $1.2 billion across XRP/USDT and XRP/BTC pairs, as reported by CoinGecko. This uptick in activity aligns with the on-chain data, suggesting that traders are positioning themselves for a potential breakout. Meanwhile, broader market sentiment remains cautious, with Bitcoin (BTC) trading sideways at $67,500 as of the same timestamp, showing minimal 24-hour change. The stock market’s recent volatility, particularly in tech-heavy indices like the Nasdaq, which dropped 1.3% on June 12, 2025, per Bloomberg data, may also be influencing risk asset flows into selective altcoins like XRP, as investors seek alternative opportunities amidst uncertainty in traditional markets.

From a trading perspective, XRP’s outperformance in Realized Cap growth presents actionable opportunities for short-term traders. The capital rotation into XRP, as highlighted by Glassnode’s analysis on June 13, 2025, at 11:00 AM UTC, suggests that momentum could persist if volume sustains above $1 billion daily. Key trading pairs like XRP/USDT on Binance saw a 24-hour volume of $650 million as of 12:00 PM UTC on June 13, while XRP/BTC recorded a notable uptick in relative strength, gaining 2.1% against Bitcoin over the past 48 hours per TradingView data. This indicates XRP is not only attracting fiat inflows but also outperforming BTC, a rare dynamic in risk-off environments. Cross-market analysis reveals a potential correlation with stock market sentiment; as the S&P 500 futures dipped 0.8% on June 13 morning per Yahoo Finance, risk appetite in equities waned, yet XRP’s resilience suggests institutional or retail capital may be reallocating from stocks to selective crypto assets. Traders could capitalize on this by targeting XRP’s resistance at $0.60, with a stop-loss near $0.55, while monitoring stock market recovery signals that might reverse these flows. Additionally, crypto-related stocks like Ripple Labs’ indirect exposure through fintech partnerships could see increased interest if XRP’s rally sustains, potentially impacting Nasdaq-listed firms.

Diving into technical indicators, XRP’s Relative Strength Index (RSI) on the 4-hour chart stands at 62 as of 1:00 PM UTC on June 13, 2025, per Binance data, indicating bullish momentum without entering overbought territory. The Moving Average Convergence Divergence (MACD) shows a bullish crossover, with the signal line crossing above the MACD line at 9:00 AM UTC on the same day, suggesting upward price pressure. On-chain metrics further support this trend; XRP’s transaction volume spiked by 15% to 1.8 million transactions over the last 24 hours as of 2:00 PM UTC, according to XRP Ledger data. Meanwhile, SOL’s on-chain activity remains muted, with daily active addresses dropping 3% to 250,000 as of June 13 per Solscan. Stock-crypto correlation is evident as the Nasdaq’s decline on June 12, 2025, coincided with a 5% drop in BTC’s trading volume to $25 billion across major exchanges like Coinbase at 3:00 PM UTC, yet XRP’s volume held strong, hinting at decoupled behavior. Institutional money flow, as inferred from Grayscale’s XRP Trust inflows (though exact figures are unavailable), may be contributing, especially as stock market uncertainty pushes capital into crypto safe havens. Traders should watch XRP’s support at $0.56 and resistance at $0.62 over the next 48 hours, alongside stock market indices like the Dow Jones, which fell 0.9% on June 12 per Reuters, for signs of broader risk sentiment shifts impacting crypto markets.

In summary, XRP’s strong on-chain metrics and price action as of June 13, 2025, position it as a standout performer amidst mixed signals from both crypto and stock markets. The interplay between declining equity indices and selective crypto strength underscores unique trading setups for XRP holders, with potential spillover effects on crypto-related equities if momentum continues. Monitoring institutional flows and stock market recovery will be crucial for gauging sustainability.

glassnode

@glassnode

World leading onchain & financial metrics, charts, data & insights for #Bitcoin & digital assets.

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