XRP stood out as a rare beacon of resilience. A new CoinShares report reveals that digital asset investment products recorded a staggering $795 million in outflows—marking the third consecutive week of declines and wiping out nearly all year-to-date gains. Yet, while top assets like Bitcoin, Ethereum, and Solana experienced heavy outflux, XRP bucked the trend with $3.5 million in inflows.
Bitcoin bore the brunt of the downturn, seeing $751 million in weekly outflows, followed by Ethereum at $37.6 million and Solana at $5.1 million. Even short-Bitcoin products didn’t escape the sell-off, shedding $4.6 million. The outflows reflect broader market anxieties fueled by growing legal uncertainty in the crypto space and mounting fears over potential tariff measures from former President Donald Trump.
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Despite the grim backdrop, XRP’s resilience has injected a dose of optimism among investors. Ripple’s native asset not only attracted fresh capital but also retained its key support level around $2—even after a 3% price dip today. At the time of writing, XRP is trading at $2.15, with daily trading volume down 4% to $3.99 billion. Meanwhile, Futures Open Interest dropped 11% to $3.2 billion, indicating a cooling appetite for leveraged bets.
Analysts suggest that XRP’s surprising strength may be linked to optimism surrounding the Ripple vs. SEC lawsuit. With a potential resolution on the horizon, investors are eyeing a regulatory breakthrough that could legitimize the asset’s long-term value. Still, experts caution against over-reliance on legal outcomes as macroeconomic forces and investor sentiment remain critical.
While XRP’s positive inflows make it a standout in an otherwise bearish landscape, the question remains: can it maintain momentum? As uncertainty lingers across global markets, XRP’s next move could be a key indicator of where investor confidence is truly heading.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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