XRP has experienced a notable increase in investment, with recent data indicating a shift in trader sentiment as some investors rotate into this token. As of midday Hong Kong time on Thursday, XRP was valued at approximately $1.37, according to CoinDesk market data, while leading cryptocurrencies like Bitcoin and Ethereum faced pressure.
Recent figures from CoinGlass reveal that XRP-linked funds attracted $8.88 million in the latest session, contributing to a total of around $42 million in net inflows over the past week. This trend stands in contrast to the performance of Bitcoin and Ethereum products, which have seen significant outflows. Bitcoin ETFs alone lost $100.9 million in the latest session, following substantial redemptions totaling nearly $1.3 billion over the previous days.
This shift in investment patterns has drawn the attention of analysts, as it suggests a selective interest in alternative cryptocurrencies like XRP. However, it is important to note that XRP’s overall network growth has been declining since late 2025, which raises questions about the sustainability of this recent influx.
On-chain activity offers additional insights, with XRP witnessing the fourth-largest daily increase in wallet creation this year, adding 4,300 new wallets within 24 hours, according to Blockchain analytics firm Santiment. New wallet creation can indicate increased network participation, particularly when accompanied by capital inflows. Nonetheless, the broader trend in XRP’s network growth remains concerning, as it has generally trended lower since late 2025.
For traders, the current situation poses a dilemma: whether XRP is entering the early stages of a broader rotation trade or experiencing a temporary surge driven by speculative interest. HashKey Research’s Tim Sun noted that open interest has remained stable, and funding rates have stayed subdued during recent market fluctuations, suggesting that traders are opting to de-risk rather than capitulate.
In the broader market context, Bitcoin has been hovering around $77,400, following a brief dip below $77,000. Analysts indicate that the $75,000 to $77,000 range is a critical support zone, as liquidations have been evenly split between long and short positions.
XRP has seen a significant influx of investment, contrasting with declines in major cryptocurrencies like Bitcoin and Ethereum. While new wallet creation suggests increased interest, overall network growth remains a concern, raising questions about the sustainability of this trend.