According to market intelligence firm Santiment, XRP has been performing strongly against Bitcoin, with its price against BTC increasing by 297% since November 2024. Despite recent market struggles, XRP experienced a recovery push, increasing by 6.92% and reclaiming the $2.7 price level. This marked its most bullish daily performance of the week. Santiment also noted an increase in XRP shark and whale wallets holding 100,000 XRP tokens or more, indicating confidence in XRP's potential. Catalysts for this optimism include the acknowledgment of XRP ETF filings by the U.S. SEC and the launch of the first XRP ETF in Brazil. XRP is currently trading at $2.7035.
Bitcoin Flashing Early Signs of Bullish Divergence, According to Crypto Analyst – Here’s His Outlook