$XRP has emerged as one of the best-performing large-cap cryptocurrencies in this market cycle, rising over 300% since October 2024 and recently breaking above $2. However, new on-chain data reveals that early holders are beginning to take profits, creating distribution pressure just below the $2.20 resistance level.

While XRP benefits from regulatory clarity and Ripple’s growing role in tokenized asset infrastructure, the current price action highlights a broader trend: capital remains hesitant across the altcoin market. Without renewed investor appetite, a full-scale altseason may still be out of reach.

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Read the full story: ecoinimist.com/2025/06/20/xrp-triples-since-october-not-all-cheers