According to the latest data from the on-chain analysis company Glassnode, small investors shift their focus from Bitcoin to XRP. The user activity and the realized market capitalization of XRP have risen sharply due to short -term speculations from small investors.
In contrast to becomes die Bitcoin-Rallye still listed by institutional actors, and there are fewer signs of a new dynamic in retail. Glassnode warns that the profits of XRP Volatil could be because profitability already decreases.
Glassnode reported an increase of 490% in the quarterly average of the daily active XRP addresses since the low point of the cycle in 2022. In comparison, the active addresses of Bitcoin only rose by 10% in the same period. This shows a growing interest in retail in XRP, with analysts calling speculative demand as the main driver.
$XRP has emerged as a new retail favorite this cycle, diverging from #Bitcoin’s more institutional-driven rally. Since the 2022 cycle low, $XRP active addresses are up +490%, while $BTC has only seen a +10% increase – a sharp signal of speculative retail demand. pic.twitter.com/mGRuktUVXK
— glassnode (@glassnode) April 3, 2025
According to Glassnode, the realized market capitalization of XRP has almost doubled from $ 30.1 billion to $ 64.2 billion between December 2024 and in early 2025. Around $ 30 billion of this growth comes from investors who have entered the market within the past six months. This group now holds almost 63 % of the total realized capital of XRP, while it was previously only 23 %.
Google Trends data show that interest in XRP in the USA and Europe is greatest. The activity in Asia and Africa remains low, which indicates regional influences such as regulatory clarity and online community engagement. Glassnode noted that this geographical division could also point out where the mood in retail is strongest.
While XRP recorded massive tributaries during its rally, Glassnode found concerns about market stability. The strong increase in the new owners concentrated the assets among investors on a relatively high cost base. This structure increases the risk of downward volatility, especially if the mood cools down.
Glassnode found that the XRP rally in contrast to the ETF-driven growth von Bitcoin from a sudden speculative outbreak in December 2024. The company warned that many investors have risen at a high price level, which makes them more vulnerable to losses. The character of this rally dominated by private investors also indicates that it is not as resistant as an institutionally supported trends.
The company’s data showed a significant slowdown with the capital inflows after February 2025. In addition, the Realized Loss/Profit Ratio of XRP has dropped steadily since January 2025, which indicates less profitability among the youngest investors. This trend could indicate a dwindling trust and a weakening basis in retail.
While XRP shot up, Bitcoin entered a consolidation phase and was traded between $ 76,000 and $ 87,000. The analysis of Glassnode has shown that the indicators for BTC indicate an exhaustion of the sellers, but have no signs of a new upward dynamics. A long -term “death cross” formation and an increased offer in the loss – a total of 4.7 million BTC – indicate a bearish market pressure.
Glassnode emphasized that The growth of Bitcoin is still supported by institutional actors, with fewer new participants in retail. The company explained that the investigation of XRP can serve as a representative for understanding the current mood in the cryptom market. In view of the differences in user behavior, the activity of XRP offers insights into short -term speculation cycles.
Glassnode came to the conclusion that the demand for XRP could have reached its peak. Since the speculative dynamics decrease, the company advises caution until there are clear signs of sustainable recovery. The high concentration of new investors and the falling profit margins are risks, especially in the Altcoin markets shaped by retail stores.
Another upcoming event that could influence the price of XRP is the planned introduction of XRP-Futures on coinbase. As CNF reports, the large crypto tour has submitted an application to the Commodity Futures Trading Commission (CFTC) to offer XRP-Termon Contracts from April 21.
XRP is currently being traded near the $ 2.00 mark and has recorded an increase of 2.7 %in the last 24 hours. Its market capitalization has reached $ 122 billion. On the technical side, the $ 2.00 mark remains critical support. If XRP falls below this brand, this could trigger a strong decline, possibly up to $ 1.04 – a decline of almost 48 %.
The 200-dayaema (exponential moving average) is the most important key figure that needs to be observed. XRP kept through this line throughout this line, but a breakthrough could turn the upward trend. In addition, the RSI (relative strength index) is 41, which indicates that the sellers still have the upper hand on the current market.
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