The week ended on a positive note for several cryptocurrencies, as social sentiment turned positive this Thursday. According to data from the on-chain analysis platform Santiment, market participants are collectively expressing their enthusiasm for various crypto assets, particularly BTC, ETH, XRP, SOL, USDT, and RLUSD.
The leading cryptocurrency, Bitcoin, appears to be trending due to an increase in bullish price predictions for BTC despite the asset's drop to $100,000, treasury acquisition by leading companies, and new Spot Bitcoin ETF filings, among other reasons.
It is noteworthy that President Trump's Truth Social announced the launch of a spot Bitcoin ETF, with excerpts from the filing indicating that "The Trust's assets consist primarily of bitcoin held by a custodian on behalf of the Trust."
Similarly, conversations about ETH and the Ethereum blockchain highlight its staking security model and the increasing institutional interest rates, with key players like Grayscale, BlackRock, and Fidelity backing ETH.
After $ETH , $XRP , and $SOL lead the conversations about altcoins. While the debate about cross-border payments and institutional adoption by Ripple's partners constitutes an important part of the discussions about XRP, the recent initiative by the Chinese company Webus to raise $300 million for an XRP treasury plan has become a hot topic.
On the other hand, Solana's high transaction speed and significant Total Value Locked (TVL), the Layer 1 blockchain, and its native token SOL have gained a place in the conversation forum this week, with traders and investors showing great interest in SOL.
Ripple's RLUSD and Tether's USD are stablecoins that are on the rise this week. The stablecoin RLUSD will be successfully integrated into Ripple's global payment networks based in the UAE and Dubai following regulatory approval. Similarly, USDT has been mentioned alongside various futures platforms, such as KuCoin, ByBit, Binance Futures, and OKX, and market participants anticipate massive long-term adoption.