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Weekly XRP Inflow Reaches 34% Record, While SHIB and NIGHT Gain Momentum
Market indicators this week reveal a dynamic scenario with multiple coins gaining ground. XRP led the movements with an impressive weekly inflow of $62.9 million, representing a 34% increase compared to the previous period, while its 24-hour movement reached $82.43 million in volume.
Cardano’s Midnight (NIGHT) also showed strong performance, accelerating 20% during the period, with daily transactions around $9.47 million, demonstrating renewed community interest.
Not least, Shiba Inu (SHIB) registered a significant upward movement, with its open contracts growing approximately 8% in the last 24 hours. The total open interest volume reached $75.76 million, reflecting a considerable amount of 10,346,899,754,165 tokens in open positions.
The convergence of these movements over the weekend highlights the strength of the altcoin market, with total trading volume reaching $3.5 billion. This consistent inflow across different assets suggests portfolio rebalancing and renewed confidence among investors in alternative assets.