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Sujit Kumar
Apr 30, 2025

XRP Trading Sees Sharp Increase with $2.17 Billion Inflow

XRP Trading Sees Sharp Increase
XRP's trading activity has recently experienced a significant surge, fueled by a substantial inflow of "hot capital," representing short-term investments. Data from blockchain analytics platform Glassnode indicates that XRP's hot capital jumped from $0.92 billion on April 20th to $2.17 billion by April 28th, a remarkable 134.9% increase in just over a week.

Surge in Short-Term Investment

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.

Regulatory Factors and Market Sentiment

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.

Mixed Market Outlook

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.

XRP Trading Sees Sharp Increase with $2.17 Billion Inflow
Sujit received his Bachelors in Science from the LNMU Darbhanga. He is currently working as a Content Strategist. He has more than three years of professional experience in information systems, security policies, technologies, and Cryptocurrency. He has published 6 books in the area of information security and assurance. He has published more than 50 research articles in leading journals Regarding the Latest and Breaking Crypto News and updates. His research interests include access control, computer forensics, Digital Marketing, Web development, business hacks, player experience, and virtual storytelling.

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