There were remarkable developments in the cryptocurrency market this week. While the XRP price was hovering around $1.37 in Hong Kong at noon on Thursday, some investors appeared to be turning to this asset, according to ETF and on-chain data. In the same period, while Bitcoin remained horizontal at $ 77,400, selling pressure continued on Ether.
Increase in Trend towards XRP
According to data shared by CoinGlass, there was an inflow of $8.88 million into XRP-related investment products on the last trading day. This continued this week’s positive flow, following inflows of $18.52 million on May 14 and $10.87 million on May 15. It was stated that a total of approximately $42 million was invested in XRP-based funds in the last seven days and net inflows to the funds continued.
Analysts evaluated, “The increase in successive inflows to XRP products while money is coming out of major crypto funds in the market indicates that investors are starting to turn to alternative crypto currencies.”
Exits in Bitcoin and Ether Products
In the same time period, there was an outflow of $100.9 million from Bitcoin ETFs, one of the largest crypto investment products on the market. Apart from this, it was recorded that 648.6 million, 331.1 million and 290.4 million dollars of funds were withdrawn from ETFs in a short time, respectively. While a similar picture was observed in Ether-focused investment products, the outflow of $ 32.6 million on the last trading day attracted attention.
| Presence | Last Daily Fund Inflow/Outflow | Weekly Net Flow |
|---|---|---|
| XRP | +$8.88 million | +$42 million |
| Bitcoin ETF | -$100.9 million | -$1,270.1 million |
| Ether Products | -$32.6 million | unknown |
On-chain Signs
In addition to market data, liveliness on the XRP side was also observed in on-chain indicators. Blockchain analysis company Santiment announced that 4,300 new wallets were opened on the XRP network in the last 24 hours, which is the fourth highest single-day increase during 2024.
Mini dictionary: On-chain is the name given to the technology that enables transactions in the blockchain network to be recorded transparently and publicly. This data is used to monitor how much a token or network is actually being used and whether new investors are being added.
While the increase in new wallets is often considered as new participation in the network, its combination with capital inflows is seen as a positive sign. However, it was stated that XRP’s overall network growth has declined since the end of 2025, and these new entries are a single-day jump for now.
Market Commentary and Positioning
The main question for investors is whether the activity observed in XRP is the first signal of a broader transformation or just a short-term buying-selling wave. While the pressure on Bitcoin and Ether continues, especially in the crypto market, it is monitored whether investors temporarily turn to alternative currencies.
CryptoAppsy According to the current data reflected on the screens, the XRP price continued to remain at $ 1.37 at noon on Thursday.
