In the opinion of analyst Mickle, the foreign source stated that the XRP had risen by 46 per cent in the past week and that the increase in bitcoin had been about 21 per cent over the same period. According to the article, this round of performance has once again triggered market discussions: Whether or not XRP is entering a different phase than in the past, the driving force is no longer primarily from retail speculation, but rather from institutional funds that are more focused on actual use.
Change in funding structure
Mickey divides the encryption market into several stages. The first round was driven mainly by speculation and the market was not sensitive to applications. The focus then shifted to DeFi, but the sustainability of many projects was weaker than expected, and even the total storage capacity of the ETA remained below the 2021 height.
In his view, there was now another category of participants in the market: regulated, licensed and large-scale funding allocation agencies. Such funding is more focused on whether technology can solve real problems than on short-term price fluctuations.
XRP is considered closer to the payment scene
According to the article, this change is more consistent with the XRP narrative. According to Mickey, as large financial institutions become more concerned with efficiency issues in traditional payment systems, the cross-border payment and liquidation scenarios for which XRP is responding are more likely to receive attention.
He also mentioned that Ripple ' s current licensing and regulatory coverage had been extended to over 70 jurisdictions and that there had been continuous attempts to interface with traditional financial infrastructure. The article considers these developments as an additional element of the XRP in the next round of market competition.
Purchase of population or different
Mickle also mentioned that XRP holders in the past were generally older and concentrated in the 35- to 60-year-old age group, which was not fully consistent with the broader encryption investor structure. According to the article, new users entering the encryption market have become younger in recent years, with many placing greater emphasis on volatility and some of the funds being diverted to forecast markets and lottery products.
By contrast, XRP investors have been described as more likely to be exposed to other asset classes and have experienced previous rounds of market fluctuations, making decision-making more subject-oriented rather than short-line recovery.
The increase is still a single week.
However, it is also mentioned that the XRP relative bitcoin increase data reflect only a single week of trading performance and cannot be considered directly as a long-term trend. What is really worth continuing to be seen in the market is the Ripple compliance push, institutional access, and whether the demand of XRP will continue to shift from retail trade to payments related to financial infrastructure.