This month, the crypto market has accelerated into a bullish trend:
Ethereum and altcoins have already formed their trends, and the inflow of ETF funds is accelerating. Bitcoin's market share is decreasing, while the upward trend in Ethereum's exchange rate is becoming evident.
Ripple's XRP has now surpassed the peak of the last bull market, with the current price at $2.39, and its market cap has exceeded Solana (SOL), ranking fifth. This market trend suggests considering positioning in this established altcoin segment.
BTC has remained between $92,000 and $100,000, providing time for altcoins to perform, so we should not waste the goodwill of the altcoin market. XRP surged 3.5 times in a month, surpassing Solana!
Why have established altcoins suddenly surged?
During the weekend, institutions are resting, and the market is generally in a state of fluctuation.
Bitcoin is fluctuating around $97,500, while Ethereum is consolidating around $3,750.
In terms of altcoins, some older coins like XRP, HBAR, ADA, and EOS have all seen gains exceeding 30%.
This indicates that Bitcoin's performance is starting to weaken, while Ethereum and other altcoins are beginning to gain momentum.
This situation is a typical altcoin market; as long as Bitcoin remains stable, altcoins may rotate and rise.
Revealing the most comprehensive history of XRP's price surges! After reading, you may know whether XRP will continue to surge.
XRP's price surge of several times in a month is a clear result of market manipulation, not a normal market phenomenon. Looking back, on November 6, XRP was only $0.5, and by December 2, it had risen to $2.35? Is such a rapid surge normal for a large-cap coin? How was the news coordinated? Below is a discussion of XRP's price manipulation techniques:
First, XRP began its surge on October 6, so we will start monitoring from that day. I have divided the price surge of $XRP into two phases based on the surge situation.
1. Consolidation - the two weeks before November 6.
2. Price surge - from November 6 to now.
XRP has strong financial strength and community support. Summarizing various major news sources, the core reasons for the recent surge are concentrated positive factors:
1. SEC personnel change;
2. XRP's CEO becomes a crypto advisor to Trump;
3. Victory in the lawsuit against the SEC;
4. XRP has solid business and cash flow, with no pressure for a price surge; the company's cash exceeds 10 billion;
5. Short-term BTC is consolidating upwards, creating market optimism.
XRP's future trading logic and trend outlook
Signal observation before a price surge：
Before a price surge, XRP typically experiences intensive promotion, including public endorsements from the CEO, large-scale event promotions, and collaboration updates. If similar information frequently appears in the market, it is essential to closely monitor potential upward opportunities.Relation to the US elections：
XRP's sponsorship and support for election-related members will directly influence market sentiment. It's crucial to closely track such dynamics, particularly interactions with policymakers.Focus on business growth：
XRP's stablecoin and institutional application business are expanding, and this growth will further solidify its market position, driving long-term value enhancement.
Analysis of the effects after XRP's market cap exceeds 100 billion:
As one of the top three cryptocurrencies by market cap, XRP's performance has rekindled the confidence of many veteran players, prompting them to pay renewed attention to established coins like EOS, LTC, BTS, and XLM. However, whether these projects can replicate XRP's success depends on the following factors:
On-chain activity：
The practical application of XRP in interbank financial transactions has kept its on-chain activity consistently high, even surpassing BTC and ETH. If other established coins can achieve high usage in specific fields, they may become the next batch of rising 'utility coins'.Validation of time：
XRP, BTC, and ETH have proven their value over nearly a decade. In the future, time will remain the ultimate standard for evaluating the potential of digital assets.The rise of utility coins：
As BTC's volatility returns to rationality, the market gradually shifts towards coins that possess practical value and low speculation. These 'utility coins' are emerging thanks to their real-world application scenarios.
Summary:
The future trajectory of XRP will revolve around its on-chain usage, policy support, and business expansion. At the same time, the market is rediscovering coins with high-frequency usage scenarios, which may become the main driving force for the next round of hot trends.
