XRP is down 32% since US President Donald Trump’s January inauguration, outpacing declines throughout the broader cryptocurrency market.
But that doesn’t mean XRP holders are in the red, necessarily.
Crypto investors who bought XRP during the peak of the crypto market rally in December are still comfortably in profits, data from Glassnode shows.
Glassnode’s realised price by age, a metric that indicates whether investors bought coins cheaply enough to currently be profitable, shows XRP buyers from the post-election mania are 11% higher despite the asset’s price slump since then.
Those profits may grow even bigger if optimistic XRP bets among market analysts and traders materialise.
Meanwhile, those who bought Bitcoin, Ethereum, or Solana during the same period are sitting on huge losses.
The same metric puts the losses for Solana investors at 28% lower, and Ethereum buyers at a decline of 36%.