This dramatic rise in hot capital signals renewed interest from short-term traders and speculators, leading to increased trading volumes. However, it's important to note that despite this recent surge, XRP's hot capital remains below its previous peak of $7.66 billion recorded in December 2024.
The article points to regulatory scrutiny as a key factor influencing market attention on XRP. The U.S. Securities and Exchange Commission's (SEC) delay in deciding on Franklin Templeton's XRP ETF application is one such factor. Despite this uncertainty, community sentiment towards XRP remains largely positive. According to CoinMarketCap's sentiment tracker, 88% of XRP community members hold a bullish outlook, suggesting potential for further upward momentum in the market.
The current market situation for XRP presents a mixed picture. The increase in trading activity and positive community sentiment are encouraging signs. However, regulatory uncertainties and the fact that current capital inflows are still below previous highs add complexity to XRP's market trends.