XRP, the cryptocurrency closely associated with Ripple laboratories, attends a notable peak in commercial activity, according to New data From the analysis platform of the Glassnode blockchain.
The latest figures of the platform reveal that the “hot capital” of XRP – short -term investment inputs – increased by $ 0.92 billion on April 20 to $ 2.17 billion on April 28. This marks an increase of 134.9% in just over a week.
“Hot Capital” refers to newly acquired cryptographic assets which are generally detained for less than a week. These funds often represent speculative transactions and rapid development investments, serving as a barometer for the interest of short -term investors and commercial activity.
Cap by Age of Glassnode Glassnode clearly shows this increase. The darker shaded areas on the graph – representing short -term assets – have developed considerably, indicating a renewed activity wave of short -term traders and speculators.
Always below its highest levels
Despite this recent growth, the hot capital of XRP remains significantly lower than its previous summit. In December 2024, XRP Hot Capital reached $ 7.66 billion, almost 72% higher than current levels. While the current entries of $ 2.17 billion indicate an increase in engagement, XRP has not yet recovered the same degree of speculative impulse which it enjoyed at the end of last year.
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However, the current increase suggests that the feeling of the market is improving. The interest of short -term investors resumes, powered by broader cryptography market movements and specific developments within the XRP ecosystem. The current increase suggests that the feeling of the market is improving.
The interest of short -term investors resumes, powered by broader cryptography market and specific developments within the XRP ecosystem.
Regulatory delays and market feeling
A factor influencing market attention to XRP is the continuous regulatory examination. Earlier in the day, U.TODAY said that the United States's Securities and Exchange Commission (SEC) had delayed its decision on the ETF XRP demand submitted by the investment giant Franklin Templeton.
Despite this setback, the feeling of the community remains very optimistic. Depending on the feeling of CoinmarketCap Tracker, 88% of community members currently have an optimistic perspective on XRP – a potentially encouraging sign for an impetus higher than the increase.
