XRP Trails Top Altcoins in Monthly Gains

XRP's recent performance has left long-term holders frustrated as it trails behind top altcoins in terms of monthly gains. According to CoinMarketCap data, XRP rose 7.67% over the past 30 days, which is lower than Solana's 13.46%, BNB's 10.64%, and Ethereum's 10.40%. Bitcoin also managed a 7.33% increase during this period.

Zcash surged ahead with a 69.30% gain, making it the top performer among the top 10 cryptocurrencies by market capitalization. TRON performed worse than XRP, but only slightly.

Crypto commentator Xaif noted that every altcoin seems to be going parabolic except XRP, leaving holders 'starting to wonder what they did to deserve this.' However, some traders remain optimistic about XRP's potential for growth, citing the development of Ripple's RLUSD stablecoin and its connections to U.S. Treasury infrastructure.

Market participants continue to monitor technical factors and investor sentiment for signs of a trend reversal. For now, the data suggests that XRP is participating in the market's upside, but at a slower pace than its peers.