XRP sentiment plummets, which could set token up for rally: Santiment

Dogecoin has recently shown signs of recovery after a dip to the mid-$0.13 range, with significant accumulation of DOGE tokens by larger holders, indicating a potential bullish trend. Current trading levels are around $0.15, reflecting a slight increase amid ongoing market fluctuations.

The cryptocurrency market is witnessing a recovery, with XRP Exchange Traded Funds (ETFs) experiencing significant daily inflows, while Solana ETFs have recorded notable outflows. This trend highlights XRP's growing dominance in the ETF space, as it approaches $1 billion in inflows after a streak of 13 consecutive days of positive net flows.

XRP exchange-traded funds (ETFs) are nearing a significant milestone, with total assets under management approaching $1 billion. Since their launch last month, these ETFs have experienced substantial daily inflows, making XRP the most successful new ETF entrant of 2025.

Bitcoin remains stable at around $90,000, while corporate acquisitions of Ethereum have plummeted by 81% over the last three months. Despite this decline, major ETH holders are continuing to purchase significant amounts of Ether, indicating a strategic accumulation amidst market fluctuations.

Bitcoin and Ether have experienced a combined outflow of $236 million, reflecting a negative sentiment in the cryptocurrency market, while Solana has managed to remain stable amidst these fluctuations. This outflow indicates a shift in investor confidence, particularly affecting Bitcoin and Ether's market positions.

Bitcoin is currently trading around $91,000 after a minor dip, with analysts divided on the market's direction. Some believe the recent correction is a healthy reset, while others fear the onset of a new bear market. A critical price level for young long-term holders is the Realized Price of $96,956, which is seen as a psychological barrier for market stability.

ProShares has decided to withdraw its lineup of leveraged exchange-traded funds (ETFs) that included Bitcoin, Ether, XRP, and Solana following a request for revisions from the SEC. This move underscores the ongoing regulatory scrutiny faced by financial products linked to cryptocurrencies, particularly those involving leverage.

Crypto analyst CryptoInsight has indicated that XRP's price is on the verge of another crash, potentially dropping below the psychological $2 level. The analyst noted that while XRP has made a higher low after bouncing from range lows, it has yet to achieve a higher high, which contributes to a bearish outlook. To reverse this trend, XRP must break the descending triangle and surpass the $2.30 level.