XRP Attracts Capital as Solana Slows Momentum

Recent blockchain data reveals a shift in investor sentiment, with XRP seeing a surge in buying activity while Solana’s momentum weakens. According to Glassnode, XRP’s 30-day realized cap has increased by 4.2%, significantly outperforming Solana’s 1% gain, indicating renewed interest in Ripple’s token. This spike highlights increased confidence in the token’s potential following a series of positive developments, including progress in Ripple’s legal battle with the SEC and ongoing speculation about an XRP spot ETF approval. Meanwhile, Solana, despite its strong ecosystem, has seen less capital influx compared to XRP. The discrepancy underscores the differing trajectories of these cryptocurrencies as investors favor XRP for now.