
{"id":58082,"date":"2025-04-09T19:23:35","date_gmt":"2025-04-09T19:23:35","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=58082"},"modified":"2025-04-09T19:23:35","modified_gmt":"2025-04-09T19:23:35","slug":"heres-how-xrp-trx-defy-the-current-market-turmoil-glassnode","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=58082","title":{"rendered":"Here\u2019s How XRP, TRX Defy the Current Market Turmoil: Glassnode"},"content":{"rendered":"<p>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<p>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<h2>TRX and XRP Hold Firm<\/h2>\n<p>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 <a href=\"https:\/\/cryptopotato.com\/panic-hits-crypto-stocks-and-commodities-at-levels-not-seen-since-2020-covid-crash\/\" target=\"_blank\" rel=\"noopener\">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<p>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<p>However, in the middle of the storm, TRX and XRP have emerged as unlikely pockets of resilience. Looking at <a href=\"https:\/\/x.com\/glassnode\/status\/1909532037477712316\" target=\"_blank\" rel=\"noopener\">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<p>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<p>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 <a href=\"https:\/\/cryptopotato.com\/solana-sol-warning-is-a-40-crash-next\/\" target=\"_blank\" rel=\"noopener\">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<p>On the other hand, Ethereum just experienced its worst start to a year, registering <a href=\"https:\/\/cryptopotato.com\/what-bull-run-ethereum-eth-posted-4-straight-months-of-losses\/\" target=\"_blank\" rel=\"noopener\">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<h2>BTC, TON, and ONDO Sit in the Middle<\/h2>\n<p>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<p>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<p>The post <a href=\"https:\/\/cryptopotato.com\/heres-how-xrp-trx-defy-the-current-market-turmoil-glassnode\/\">Here\u2019s How XRP, TRX Defy the Current Market Turmoil: Glassnode<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":58083,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-58082","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/58082"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=58082"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/58082\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/58083"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=58082"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=58082"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=58082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}