Santiment Explained: While Bitcoin (BTC) Rises, These Two Altcoins Were Most Talked About!

Although Bitcoin experienced a sharp decline on the first day of the week and fell below $90,000, it recovered just as quickly and the price rose above $97,000.

While altcoins also accompanied the recovery in Bitcoin, Santiment said that XRP and Ethereum were the altcoins that attracted the most attention.

Listing the reasons for XRP’s trend, Santiment said that there is increasing optimism regarding its potential use in banking and financial transactions, increasing expectations for further increases, and XRP ETF speculations.

He said that the introduction of Soneium (an Ethereum layer-2 blockchain solution developed by Sony) was effective in making Ethereum a trend.

“XRP and Ethereum were the most popular altcoins in the cryptocurrency market on Tuesday. Investors showed significant interest in the highest prices during the recovery period.”

Lastly, Santiment stated that after XRP and Ethereum, Bitcoin (BTC), Kaspa (KAS) and Peanut the Squirrel (PNUT) are also among the most trending assets.

According to Santiment data, the top 10 trending cryptocurrencies are listed as follows: “XRP, Ethereum, Bitcoin, Kaspa, NFT, PNUT, FARTCOİN, MOBY, AVA and LDO”

🗣️ The top trending tokens in crypto Tuesday are XRP and Ethereum, as traders show significant interest toward top caps during the rebounds:

🪙 1) XRP Ledger $XRP : Increased optimism over the asset's potential use in banking and financial transactions, highlighting its… pic.twitter.com/CeCU7eJWSY

— Santiment (@santimentfeed) January 14, 2025

*This is not investment advice.