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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
Analysis: The alt season may have arrived, but this time it is different from the past.
BlockBeats news, on May 11, analyst 2Lambroz believes that the peak season for alts may have arrived, but he stated that market dynamics have changed. "People want to buy in, but lack confidence in any strong narrative." He pointed out that unlike in 2021, there are currently no signs of retail investors entering the market. Traders are rotating funds faster, with almost no motivation to hold long positions. Technical trader Moustache has a more optimistic view. He shared a chart showing that alts have repeatedly gone through the accumulation phase, followed by explosive rise. According to his analysis, the current structure is similar to the situations in 2016 and 2020. "The altcoin season of 2025 has officially begun." However, skeptics still exist. Commentator Rekt Fencer pointed out that since last December, most alts have fallen by 90%. This week's slight 10% rebound has triggered excessive optimism, prompting him to mock this rebound. "This is the altcoin golden age we have been waiting for." (Cointelegraph)