1-5-2025 – Recent analytical data has unveiled a remarkable uptick in fresh capital movement across major cryptocurrency networks, with XRP leading the charge in proportional growth amongst its peers.
Market intelligence firm Glassnode’s latest findings reveal XRP experienced a striking 134.9% surge in what analysts term ‘Hot Capital’ – funds moved within a seven-day window. This metric jumped from $920 million to $2.17 billion between 20-28 April, though notably remains well below its December peak of $7.66 billion.
The phenomenon extends beyond XRP, with Bitcoin registering a 92% increase in short-term capital movement, pushing its Hot Capital to $39.1 billion. This represents one of the swiftest accelerations in recent months for the flagship cryptocurrency.
Whilst the broader digital asset sphere shows similar patterns, the recovery remains partial across the board. Market veterans note that current Hot Capital levels still hover significantly below their cycle peaks, with Bitcoin and Ethereum both approximately 60% beneath their previous zeniths.
Solana emerges as the most resilient among major cryptocurrencies, sitting merely 38% below its historical high following a robust 100% weekly enhancement. Meanwhile, Ethereum’s more modest 54% growth since mid-April suggests a more measured return of speculative interest.
The analytical framework employs the ‘Realised Cap’ methodology, which values each token at its last recorded transaction price rather than current market rates, offering insights into actual capital movement rather than mere price fluctuations.
Despite XRP’s impressive capital inflow, its market price has retreated from its recent $2.30 highwater mark, settling at $2.17, indicating that whilst fresh capital continues to enter the market, price stability remains elusive.
