#XRP XRP is quietly outperforming Solana, with its Realized Cap increasing by 4.2% in the past 30 days, compared to Solana's 1% growth. This suggests that capital is flowing into XRP at a faster rate, driven by traders and investors betting on short-term gains.
*Current Prices:*
- *XRP*: $2.14, with a 2.06% increase
- *Solana (SOL)*: $146.83, with a 2.95% increase
*Key Developments:*
- *XRP Adoption*: Companies like Webus International, VivoPower, and Wellgistics have allocated over $470 million to XRP for their corporate treasuries, highlighting its growing value as a reserve asset.
- *Trident's Investment*: Trident, a Nasdaq-listed software firm, plans to raise $500 million to invest in XRP, further solidifying its position as a reserve asset.
- *Regulatory Update*: Ripple and the SEC have jointly filed to dissolve the current injunction and cancel the $125 million civil penalty, potentially ending a long-standing regulatory dispute.
*Market Performance:*
- *Solana's Correction*: SOL has dropped 9% in the last 24 hours, trading at $145.8, amid a profit-taking wave that triggered $1.18 billion in liquidations.
- *XRP's Momentum*: XRP has regained momentum, outperforming Solana in terms of capital rotation and investor interest ¹ ².