Embattled payment token XRP had the most inflow out of all the altcoins. ETH’s neglect continued and BTC fell as well. As one of the top digital currencies in the market, Ripple’s [XRP] recent surge in popularity and performance has caught the attention of investors and traders alike, based on the CoinShares’ 3 April report. […]
The rise of XRP in this regard might not come as a shock. Over the last few weeks, the
towards the token has been mostly bullish. In fact, at press time, its 30-day performance remained at a 32% hike, rising above BTC within the same period.However, it was during the same week that the coins’ total assets under management reached a yearly high. CoinShares pointed out, “The price appreciation over the week left bitcoin total assets under management at their highest since the collapse of 3 Arrows Capital in June 2022 at US$23.5bn.”
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