XRP Outpaces Solana in Impressive Metric Growth: Uncover the Insights

XRP Surges Ahead as Solana Loses Momentum

XRP Outpaces Solana in Realized Cap Growth

XRP is staging a strong comeback, outperforming Solana (SOL) in realized cap growth—a key metric tracking the price at which each coin last moved. Blockchain analytics firm Glassnode reports XRP's 30-day percentage change in Realized Cap at +4.2%, significantly higher than Solana's +1% gain.

This divergence suggests capital is flowing faster into XRP, indicating renewed short-term investor confidence. While Solana has benefited from spot ETF speculation and developer activity, on-chain data reveals XRP is quietly regaining market favor.

XRP Gaining Traction in Corporate Treasuries

XRP's realized cap growth coincides with its increasing adoption by corporate treasuries. Major allocations include:

• Webus International: $300 million
• VivoPower: $121 million
• Wellgistics: $50 million

Trident, a Nasdaq-listed Singapore software firm, recently announced plans to raise $500 million for its XRP treasury strategy, bringing total corporate commitments to over $470 million.

SEC and Ripple Jointly File Motion to Dissolve Injunction

In a significant legal development, the SEC and Ripple jointly filed to dissolve their injunction and discharge the $125 million civil penalty. This move could signal progress toward resolving the long-running case that has weighed on XRP's performance.

Solana Loses Momentum Amid Broader Market Sell-off

Solana's recent rally has stalled, with SOL declining for three consecutive days after peaking at $168 on June 11. The token currently trades at $145, down 9.45% in 24 hours amid a broader market correction that triggered $1.18 billion in liquidations.

The contrasting trajectories of XRP and Solana underscore cryptocurrency markets' volatility, where investor sentiment and on-chain metrics can shift rapidly. As the sector evolves, both assets face distinct challenges and opportunities in maintaining investor interest.