XRP Surges 350% After Trump Takes Office… Suppresses Bitcoin and Ethereum Rates

After Trump's election, XRP surged by 350%, leading the cryptocurrency market, while Bitcoin ($BTC) only rose by 58%. Bitcoin recently soared to $111,000 (about 152.07 million won) but dropped below $80,000 due to tariff conflicts before recovering its major resistance line. Ethereum ($ETH) and Solana ($SOL) each rose by only 10% and 9%, while Cardano ($ADA) increased by just 12%. XRP's lead is particularly prominent. XRP finally escaped the downward trend that had continued since January 17th. Analysts noted that while Bitcoin entered the overbought zone on the RSI indicator and may face adjustment, XRP is in an oversold state and is expected to rebound. Meanwhile, the 'Other/BTC ratio' (total market cap excluding top 10 cryptocurrencies) has reached a major support line. If this level is maintained, a rise in mid-to-small altcoins is expected. However, some experts forecast that altcoins will continue to underperform compared to Bitcoin, recording the lowest weekly closing price since 2021. 10x Research reported that while Bitcoin broke through $111,000 due to ETF and institutional demand, AAVE and Hyperliquid surged by 13% and 42% respectively, but Trump Token, SUI, Dogecoin, ADA, and LINK experienced sharp declines. XRP showed weakness after a short-term rise, while Solana and BNB showed mixed trends.