XRP Early Consumers Speed up earning income as regulation win Bolster XRP Ecosystem
The XRP XRP has performed one of the strongest rallies in the majors of this crypto, but early retail holders will go for the exit under the surface.
Now trading above $ 2-more than three times pre-rally base from October 2024-the XRP has become one of the best performing tokens of large caps over the past 8 months. Investors who buy below 60 cents sit on those who earn up by 300%, prompting a sharp pickup to earning income.
According to On-chain data from Glassnode, the 7-day simple moving average (SMA) of the realized income from XRP wallets hit $ 68.8 million earlier this month, the highest over a year. That is a clear sign of distribution pressure, with early accumulators emitting strength as the token tests the major resistance levels just below the 2021 climax.
The pressure that gains income can help explain XRP’s failure to break above $ 2.20 in recent sessions, despite many bullish headlines and technical tails.
Read more: XRP drops 5% because the high pressure seller is dominant in the market
While the broader setup remains positive, supported by the clarity of the US regulation and Ripple’s growing push into tokenized asset infrastructure, close action action reflects a supply overhang from long-term holders.
A recent cryptoquant review showed that the 1-year-old-fashioned purchase/sell quote variation for altcoins (excluding BTC and ETH) —a proxy for net investor-current-currently standing for a negative $ 36 billion. It was a sharp return from December 2024, when the scale briefly flipped positively, marked a local top for altcoins.
Since then, it has been a one-way bleed, with “Altcoin Investors MIA,” said cryptoquant independent analyst Burak Kesmeci A post on Thursday.
Despite the strength pockets of XRP, Sol, and some narrative tokens tied to real-world assets (RWAs), the wider altcoin ecosystem remains stuck in a bear market, he said.
Unless the return of appetite at risk or the capital flows back into layers 1, defi, and gaming, the hope of an “altseason” can continue to fade to the tag.
Read more: XRP hits 12-year milestone with more than 2,700 whales, holding more than 1m XRP, Onchain Data Show
