XRP Defies Crypto Market Downturn: Buyers See 11% Gains Amid Wider Losses

Crypto Market Struggles Intensify

The cryptocurrency market continues to experience significant downturns, with major assets like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) falling below the average entry points of buyers who entered during the December 2024 to January 2025 price peaks. This has left many investors in the red, with BTC, ETH, and SOL recording weekly price declines of 0.18%, 1.53%, and 2.82%, respectively.

XRP Stands Out with Positive Returns

XRP has emerged as a rare bright spot in this bearish landscape. Despite the broader market weakness, XRP buyers who acquired the token in the last 3–6 months are still sitting on 11% gains. This resilience is notable, as XRP's price has surged from a cost basis of $2.14, defying the high volatility that has impacted other major cryptocurrencies.

Market Sentiment Turns Bearish

The crypto market is showing signs of extreme weakness, with mid-term sentiment turning bearish. According to recent data, SOL and ETH are down 28% and 36% from their average entry points, respectively, leaving euphoric buyers without profits. Bitcoin, while near break-even, reflects only a 1% loss from a $95K cost basis.

Outlook for Recovery

While there is still hope for potential price breakouts to help buyers recover losses, the current metric signals further market weakness if assets do not surge above their cost basis levels. XRP's positive momentum, however, offers a glimmer of optimism amidst the broader downturn.