XRP is making the most noise today, but don’t rush to declare altseason underway.
There’s buzz from the official account and a ledger-upgrade narrative, and the rally is real. But BTC dominance is still high, and ETH/SOL ETFs are still seeing outflows—this looks more like beta while the broader market catches its breath, not capital spreading out.
For a real broadening of the rally, we’d need to see altcoin trading volumes hold up on their own and money moving out of BTC. We’re not there yet.
Do you think this is the start of a rotation, or another false breakout?
$XRP $BNB
There’s buzz from the official account and a ledger-upgrade narrative, and the rally is real. But BTC dominance is still high, and ETH/SOL ETFs are still seeing outflows—this looks more like beta while the broader market catches its breath, not capital spreading out.
For a real broadening of the rally, we’d need to see altcoin trading volumes hold up on their own and money moving out of BTC. We’re not there yet.
Do you think this is the start of a rotation, or another false breakout?
$XRP $BNB