The beginning of 2025 was very difficult for the cryptocurrency market. With all the ups and downs and changing feelings, XRP It is the only altcoin that has seen significant investment, receiving $5.7 million, according to the latest report from Currency stocks.
This comes after a difficult end to 2024, when global digital asset inflows reached a record high of $44.2 billion, but the last two trading days of the year saw $75 million in net outflows, showing that investors were cautious as the year came to a close.
On the other hand, XRP has performed surprisingly well. In 2024 alone, XRP-focused investment products saw $438 million in inflows, a staggering 2,433% increase from the previous year.
Much of this growth can be attributed to XRP's recent progress in the legal battle with the SEC over Ripple. This has helped cement the cryptocurrency's status as an unsafe currency.
Moreover, XRP price It rose almost 500% at the end of 2024. This jump is partly due to people's speculation about possible changes in US regulations, especially with Gary Gensler leaving his position as Chairman of the Securities and Exchange Commission on January 20. With new leadership, there is a chance that XRP's market position could see further support.
all in all, Bitcoin It was still the biggest player in 2024, with $38 billion in flows, representing about 29% of total assets under management. Ethereum also made a comeback late in the year, with $4.8 billion invested in it.
But altcoins, excluding ETH, did not fare as well, seeing a combined $813 million, representing just 18% of total assets under management.
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