XRP Ledger Surpasses ETH with $1.1 Billion Inflow
- Leading Capital Inflows: According to RWA.xyz, the XRP Ledger recorded approximately $1.1 billion in net capital inflow over the past 30 days, surpassing Ethereum's $879 million, indicating strong institutional demand and solidifying its leadership in the blockchain market.
- Intensifying Market Competition: During the same period, other blockchains like Solana and Arbitrum experienced net outflows of $111 million and $19 million respectively, reflecting market volatility and intensifying competition, while XRP Ledger's robust performance highlights its advantages in financial infrastructure.
- Tokenization of Real Assets: Approximately $333 million worth of U.S. Treasury bonds have been tokenized on the XRP Ledger, indicating increasing trust from financial institutions in blockchain platforms for asset issuance and settlement, which enhances the appeal of the XRP ecosystem.
- Cross-Border Payment Solutions: Ripple aims to provide faster cross-border payment solutions through the XRP Ledger, addressing the shortcomings of traditional banking systems, and as more institutions test its use cases, the XRP ecosystem's position in digital finance continues to strengthen.
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Technical Analysis for MAJOR
Technical Sentiment Analysis for Major (MAJOR). As of , Major (MAJOR) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 4 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for MAJOR stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, MAJOR is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Major (MAJOR) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0413 | 0.0504 | 0.0575 | 0.0667 | 0.0738 | 0.083 | 0.09 |
| Fibonacci | 0.0504 | 0.0567 | 0.0605 | 0.0667 | 0.0729 | 0.0768 | 0.083 |
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