**Top Trader Explains Why XRP Is Holding Up Better Than Other Coins**
Pseudonymous cryptocurrency trader DonAlt has shared his perspective on why the Ripple-linked XRP token is currently holding up better than much of the broader crypto market. According to him, the strength of XRP’s holder base plays a crucial role in its resilience. The chartist, who boasts more than 691,000 followers on the X social media platform, remarked:
“XRP holders aren’t the zoomer children jumping from coin to coin, it’s the older folks that just like the thing and wanna own it.”
### Not-so-Diamond Hands?
However, recent data calls this assessment into question. As reported by U.Today, seasoned XRP holders have started offloading the tokens en masse, with a staggering 580% increase in spending activity. This suggests that XRP’s holder base might not be as robust as social media sentiment implies.
### Main Bullish Catalysts
Despite this, XRP is still holding up relatively well while the broader crypto market remains subdued. According to CoinGecko data, XRP is currently trading at $2.53, down 30.8% from its all-time high of $3.65 recorded on July 18, 2025.
Several factors are contributing to XRP’s relative strength:
– **Renewed Spot ETF Momentum:** There is growing anticipation surrounding upcoming spot ETF products from issuers like Canary Capital and Bitwise, which are close to launching new XRP-linked tokens.
– **Evernorth’s Accumulation:** Evernorth, a new digital-asset treasury firm backed by Ripple, is currently generating buzz as it aims to accumulate $1 billion worth of XRP.
– **Ripple’s Strategic Focus:** Ripple CEO Brad Garlinghouse recently highlighted that XRP remains central to the company’s overall strategy. This focus has been reinforced following Ripple’s acquisition of GTreasury, a treasury-management software provider.
With these developments, XRP continues to maintain a firmer footing than many other altcoins amid ongoing market challenges.
*Source: [U.Today](https://u.today/top-trader-explains-why-xrp-is-holding-up-better-than-other-coins)*
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