XRP has been performing strongly during the DeepSeek saga, bringing in $2.1 million in weekly inflows, while Bitcoin (BTC) and Ethereum (ETH) have seen outflows of $541 million during this period. This development raises some questions about whether XRP is a safer option for investors.
XRP Attracts More Attention, Leaving BTC and ETH Behind!
XRP, which has entered a recovery process after the recent sell-off in the crypto market, attracted attention with the outflows of funds based on leading cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH). XRP continues to attract the attention of institutional investors in particular. CoinShares Research Manager James Butterfill stated that XRP had a weekly inflow of $ 2.1 million, emphasizing that these inflows reached a total of $ 92.6 million. Butterfill shared a chart on the subject and provided the following information:
The crash caused by the DeepSeek news in the markets caused panic among investors, causing Bitcoin and Ethereum to outflow by $442 million and $99 million, respectively. In addition, XRP has been performing strongly since the beginning of the year with an impressive inflow of $93 million. Bitcoin and Ethereum, on the other hand, faced a total outflow of $541 million; BTC lost $442 million, while ETH experienced an outflow of $99.2 million. Other cryptocurrencies, Solana (SOL) and Litecoin (LTC), also faced outflows of $2 million and $0.2 million, respectively. On the other hand, Cardano (ADA) and Chainlink (LINK) saw inflows of $0.3 million and $0.1 million, respectively. However, XRP stood out as the best-performing digital asset amid all these developments. This situation reveals XRP’s ability to gain investor confidence despite the market decline.
Despite Bitcoin and Ethereum lagging behind, the crypto market is generally optimistic. Investments from major companies like MicroStrategy and Metaplanet support this positive outlook. MicroStrategy added over 10,000 Bitcoin to its holdings, while Metaplanet announced it raised $745 million and plans to invest in Bitcoin.
Currently, XRP is trading at $3.16, up nearly 9%. The market cap of XRP has reached $182.4 billion. During the recent market crash, whales purchased 120 million XRP coins, demonstrating strong investor confidence and contributing to XRP’s growth. On the other hand, Bitcoin rose 1.5% to $102,579, while Ethereum rose 1.76% to $3,179. Solana and Binance Coin are also trading at $236 and $673, respectively.
