{"id":21385,"date":"2025-04-09T19:32:01","date_gmt":"2025-04-09T19:32:01","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=21385"},"modified":"2025-04-09T19:32:01","modified_gmt":"2025-04-09T19:32:01","slug":"heres-how-xrp-trx-defy-the-current-market-turmoil-glassnode","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=21385","title":{"rendered":"Here\u2019s How XRP, TRX Defy the Current Market Turmoil: Glassnode"},"content":{"rendered":"
\n

As much of the crypto market reels from panic selling and liquidations, TRON (TRX) and Ripple\u2019s XRP stand out as rare bright spots.<\/p>\n

According to blockchain analytics firm Glassnode, over 80% of their circulating supply is still held in profit despite double-digit declines across crypto and traditional assets.<\/p>\n

TRX and XRP Hold Firm<\/h2>\n

The global financial markets have been hit by the weight of escalating tensions between the U.S. and many of its trading partners. As previously reported<\/a>, digital assets have seen more than $500 billion wiped out in the past month, with nearly half of that lost in a single 24-hour period.<\/p>\n

The tariff-induced bloodbath marked one of the steepest corrections since March 2020, with Bitcoin (BTC) dropping to around $74,000 at one point and Ethereum (ETH) plunging well below key psychological levels.<\/p>\n

However, in the middle of the storm, TRX and XRP have emerged as unlikely pockets of resilience. Looking at data<\/a> shared by Glassnode, 84.6% of TRON\u2019s circulating supply remains in profit, having declined by just 5.6 percentage points year-to-date. XRP follows closely, with 81.6% of its supply still in the green, despite a much larger drop of 10.4 points since the start of the year.<\/p>\n

The performance of the two assets stands in stark contrast to Ethereum and Solana (SOL), where only 44.9% and 31.6% of their respective supplies are in profit, meaning that the majority of holders are now underwater.<\/p>\n

Reeling from a $200 million unlock and major whale sell-offs at the start of the month, SOL\u2019s price collapsed to $101 from highs of nearly $290 earlier in the year. While analysts have warned<\/a> of a possible drop to $60, the token has regained some of its vigor, adding about 3% to its value in the last 24 hours to trade at $109.<\/p>\n

On the other hand, Ethereum just experienced its worst start to a year, registering consecutive losses<\/a> in the first three months of 2025. The altcoin is currently trading at about $1,557, nearly 17% below its price from a week ago.<\/p>\n

BTC, TON, and ONDO Sit in the Middle<\/h2>\n

Glassnode\u2019s data also highlighted a middle ground occupied by several big name crypto assets, including the largest by market cap, Bitcoin, as well as Toncoin (TON), and Ondo (ONDO).<\/p>\n

BTC, often seen as a bellwether for the rest of the market, still has 76.8% of its supply in profit, despite an 11.9 percentage point drop this year. TON maintains a marginally lower 76.7% of its supply above the water, while ONDO, a relative newcomer, shows 74.3% of its supply in the green, although that\u2019s down over 22 percentage points.<\/p>\n

The post Here\u2019s How XRP, TRX Defy the Current Market Turmoil: Glassnode<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

As much of the crypto market reels from panic selling and liquidations, TRON (TRX) and Ripple\u2019s XRP stand out as rare bright spots. According to blockchain analytics firm Glassnode, over 80% of their circulating supply is still held in profit despite double-digit declines across crypto and traditional assets. TRX and XRP Hold Firm The global […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-21385","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/21385","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21385"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/21385\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}