XRP's 43.7% Rally Defies Bitcoin Season
XRP surged 43.7% in just one week, outpacing every major cryptocurrency, including Bitcoin and Ethereum.
This impressive rally happened during what analysts still classify as Bitcoin Season, making XRP's move a standout event rather than part of a broader altcoin wave.
The three separate groups of buyers that contributed to the surge - U.S. ETF inflows, Korean spot traders, and Binance futures positioning - all converged on XRP in the same week, with no evidence of leveraged futures bets.
U.S. spot XRP exchange-traded funds (ETFs) booked six consecutive positive sessions from August 18 to 25, with net inflows totaling $77.47 million and peaking at a daily print of $23.87 million on August 25.