Is This the Start of a Controlled Bull Market for Bitcoin, Solana and Ripple’s XRP?
2025-07-17 18:58:59
Main Idea
Bitcoin, Solana, and XRP are showing renewed strength with significant on-chain activity and profit-taking, while Solana's tokenized assets grow rapidly and XRP surpasses key price levels.
Key Points
1. Bitcoin investors realized $3.5 billion in profits within 24 hours, the largest daily profit-taking event this year, with mid-to-long-term holders contributing significantly.
2. Solana's tokenized assets grew 140.6% year-to-date to $418M, outpacing the broader RWA (Real World Assets) sector.
3. XRP surged past the $3 mark, with an increase in wallets holding at least one million XRP tokens.
4. Institutional flows remained strong despite Bitcoin's price drop of $7,000.
5. On-chain activity is rising, with profits being realized without market collapse, indicating mixed but consistent signals.
Description
Bitcoin, Solana, and XRP are showing renewed strength across key metrics, yet the tone remains restrained.
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