Bitcoin Spot ETFs See $1.86 Billion Inflows, Extend 3-Week Positive Streak

President-elect Donald Trump's memecoin Official Trump has continued its incredible price rally, hitting a $13.5 billion market cap high and breaking into the top 20 coins on CoinGecko.

At this all-time high, the memecoin was worth $67 per token, with a $67.5 billion fully diluted valuation. Since then, it has dropped back slightly with a current value of $66 per token.

Big exchange listings have helped the recent price action. Binance has listed the memecoin already, while Coinbase added it to its roadmap. Decentralized exchange Hyperliquid has also added the token.

However, while the token has rallied exceptionally well, it does have a very high fully diluted valuation compared to its market cap, with insiders set to start unlocking the 80% of supply reserved for them in just three month's time. At that point, 40 million tokens ($2.7 billion) will be unlocked and available for them to sell — with more unlocking daily. With the token already at the top of the charts, it will need to be able to handle this potential selling pressure for it to stay flat at the minimum.

The Trump team has already been using the proceeds from selling the memecoin to buy Solana tokens. Onchain data shows the team spent $5 million of the stablecoin USDC, which was paired against TRUMP, to buy wrapped Solana tokens on decentralized exchanges Jupiter, Orca and SolFi.

The token has so far been positive for bringing new people into the crypto space. Moonshot noted that 400,000 people have set up accounts to buy the TRUMP memecoin since it launched just over a day ago. But if it crashes, things could turn sour quickly.

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Bitcoin’s price actions during the weekend have been quite positive, given the overall market condition, and the asset remains close to $105,000.

The altcoins have been hit hard, especially the meme coins, since the emergence of TRUMP, which is now the second-biggest in its field after surpassing PEPE and SHIB today.TRUMP Above SHIB

It’s safe to say that the past 36 hours or so belong to Donald Trump’s official meme coin, which sawthe light of dayon Friday evening. The token took the crypto world and turned it upside down. Within less than a weekend, it has garnered the attention of the entire community. Its price has shot up to over $60 now, and its market cap is at roughly $13 billion on CMC and CG.

Moreover, TRUMP has now become the second-largest meme coin by that metric aftersurpassingPEPE in the morning and SHIB minutes ago.

With notable increases in price and on-chain metrics, XRP has made a remarkable comeback. With the XRP payment volume between accounts reaching 1.5 billion in a notable surge as shown in the provided charts, the asset's recent performance is drawing attention.

As transaction activity rises, this increase indicates renewed interest in XRP. From a market standpoint, XRP just broke through $3, setting a new standard before experiencing a minor decline. Since there were more than 50,000 active accounts in early January, indicating a significant increase in user engagement, on-chain data further bolsters the bullish momentum. Chart by TradingView">

These metrics demonstrate the increasing trust in XRP's ecosystem and applications. More people may be using XRP for transactions as evidenced by the increase in payment volume. This pattern fits in with larger adoption initiatives and a network that is maturing and able to manage high traffic. The combination of increasing volume and active account numbers suggests that the network's user base and usage are expanding.

The market for XRP is still active in spite of this encouraging expansion. The recent pullback of the asset from its peak of $3.04 emphasizes the possibility of transient swings. However, overall things are looking up, and XRP is still strong during its recovery phase. Key levels to keep an eye on going forward are $3.20 for resistance and $2.62 for support.

A retest of its most recent highs might result from a break above $3.20, which would indicate fresh bullish momentum. On the other hand, a drop below $2.06 may indicate additional consolidation prior to a subsequent upward move. In 2025, XRP's market performance and on-chain activity point to a thriving resurgence that might change its course. XRP is still a noteworthy asset to keep an eye on in the changing cryptocurrency landscape as adoption increases and metrics keep rising.

All eyes are currently on the XRP price as analysts indicate a potential surge to $4 if a breakout from a bullish chart pattern is validated.

According to crypto analyst Ali, "XRP appears to have broken out of a bullish flag pattern, which suggests an upswing to $4."

A bullish flag pattern is a continuation pattern in which the price consolidates before resuming its upward trend. This pattern is distinguished by a sharp price increase (the flagpole), followed by a sideways or downward movement (the flag). The breakout from this pattern frequently indicates the continuation of the bullish trend.

The $4 price target is based on the flagpole's measured move, which is added to the breakout point to calculate the predicted upside.

Growing optimism

XRP soared in the previous week, following massive gains in November and December. XRP has risen roughly 560% since early November, with its market capitalization doubling. XRP ranks the third largest cryptocurrency, with a current market capitalization of $180.55 billion.

XRP crossed the $3 mark for the first time since 2018, reaching highs of $3.40 in Thursday's trading session, and is up more than 60% this year as anticipation of a more crypto-friendly SEC improves the outlook for the cryptocurrency. XRP has slightly retreated and trades at $3.16, up 1.63% in the last 24 hours and 24% weekly.

There's growing optimism that XRP ETFs will be approved for trading in the U.S. after a long legal battle between Ripple and the SEC.

On Wednesday, the SEC filed its opening brief in its appeal of a largely favoring Ripple judgment, but with a pro-crypto SEC chair ready to take over, the future of that appeal could be in doubt.

Moving up for XRP, a return above $3.40 might extend the current upward trend to $4. On the other hand, the $2.91 level remains a key level to watch on the downside as a break and close below this level might cause XRP to reach the $2.59 support.

MicroStrategy co-founder Michael Saylor has stated that France "could use some Bitcoin" in his recent social media post.

This comes after Saylor recently had a meeting with French politician Sarah Knafo, who became a member of the European Parliament last year.

Knafo has described Saylor as a "brilliant entrepreneur" in her X post, claiming that her discussion with the billionaire focused on the future of Bitcoin and energy.

Europe's leading crypto hub

France has emerged as one of Europe's leading crypto hubs, consistently ranking high in terms of adoption.

France was also among the first countries in the world to actually regulate crypto, with the PACTE law singling out digital assets service providers as a separate group of service providers.

Last year, France also became the first major EU economy to start accepting applications from cryptocurrency companies under the bloc's MiCA framework.

Endorsing Bitcoin reserves

In December, Knafo endorsed the idea of creating Bitcoin reserves while addressing the European Parliament. During her address, the MP recalled that the U.S. was considering creating a strategic reserve with the leading cryptocurrency.

Even though Knafo, who represents the French far-right, hardly represents mainstream European politics, the idea of nation-states investing in Bitcoin might not be fringe anymore.

As reported by U.Today, Christian Lindner, Germany's former finance minister, recently opined that both Germany and the European Central Bank (ECB) should consider diversifying their reserves with Bitcoin.

Earlier, MicroStrategy's Saylor argued that the U.S. government should ditch gold in favor of Bitcoin.

With a huge price breakout that has elevated it above $268 and left other significant cryptocurrencies trailing in terms of performance, Solana is causing a stir in the cryptocurrency market. Top crypto influencers have taken notice of this surge, solidifying Solana's standing as one of the most active assets in the current market cycle. Significant inflows into the ecosystem are driving Solana's impressive price movement.

Investors are flooding Solana with capital because of high volatility of assets in the ecosystem. The growing volumes of trades and on-chain activity demonstrate the growing interest in Solana's ecosystem. These elements are driving quick expansion and paving the way for Solana to solidify its leadership in the cryptocurrency market. Chart by TradingView">

The dominance of Solana is highlighted by the SOLETH chart, which compares its performance to that of Ethereum. A change in market sentiment is reflected in Solana's recent outperformance of Ethereum. For the larger cryptocurrency market, this chart has historically been seen as a risk indicator. A growing SOLETH chart is frequently associated with an increased willingness to take risks, which is also connected to the rise of speculative assets such as meme coins.

This connection demonstrates how closely Solana's performance is related to more general market patterns. Solana's bullish argument has been strengthened by the breakout above important resistance levels such as the 210 EMA. Strong buying pressure is evident in the market as the RSI approaches overbought territory at 74.79, but prudence might be advised.

The rally appears to be supported by significant inflows rather than speculative outbursts as evidenced by the volume's sharp increase. In the near future, Solana may aim for the $300 range if the momentum holds, further establishing its dominance. However, in order to spot any retracements, investors should keep an eye on important support levels close to $210.