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XRP News Today: Utility-Focused $TAP Surpasses XRP as Solana Faces Challenges in a Changing Market

XRP News Today: Utility-Focused $TAP Surpasses XRP as Solana Faces Challenges in a Changing Market

Bitget-RWA2025/11/30 19:44
By:Bitget-RWA

- Digitap's $TAP token surges via 96-hour Black Friday campaign, raising $2.2M with 92% second-round allocation sold out at $0.0326. - XRP drops 16% to $2.20 while Solana falls 2.1% amid ETF optimism and bearish fundamentals, contrasting $TAP's utility-driven growth. - Digitap's 1% remittance fee and Visa integration attract 120,000 wallets, leveraging 50% fee buybacks to create scarcity and align with adoption. - XRP's $164M ETF inflows clash with declining on-chain activity and whale selling, while Solan

Digitap's Black Friday Event Shakes Up the Crypto Market

The cryptocurrency landscape is undergoing notable changes as Digitap ($TAP) launches a 96-hour Black Friday promotion, boasting more than $1 million in rewards and bonuses. This event has drawn considerable interest from investors, especially as major tokens like XRP and Solana (SOL) experience mixed results. Digitap’s “omni-bank” platform has already accumulated close to $2.2 million in sales, with 92% of the second round sold at $0.0326 per token. This strong performance stands in contrast to XRP’s recent 16% drop to $2.20 and Solana’s 2.1% decline, which has brought its price closer to $100 than $200.

Digitap’s Unique Value Proposition

Digitap distinguishes itself through a utility-focused approach, merging both fiat and cryptocurrency services within a single application. Users can manage accounts in multiple currencies, stake tokens for yield opportunities, and utilize Visa-branded cards for fast, low-cost transactions. Reports indicate that the platform now supports over 120,000 wallets. Additionally, half of all platform fees are allocated to $TAP buybacks and token burns, fostering scarcity as the user base expands. The “96 Hours of Madness” Black Friday campaign features hourly discounts, token bundles, and exclusive product rewards, further fueling demand for $TAP.

Digitap Black Friday Event

XRP: Caught Between Optimism and Caution

XRP’s recent price movements reflect a tug-of-war between positive ETF news and underlying bearish signals. Grayscale and Franklin Templeton’s XRP ETFs attracted $164 million in inflows in a single day, briefly boosting the token by 8% in early November. However, technical analysis remains uncertain: XRP’s RSI is below 50, and on-chain payments have dropped by 50%, indicating persistent downward pressure. Large holders selling and reduced exchange inflows have added to the uncertainty, leaving analysts divided on whether XRP will recover to $3 or slide toward $1.

Solana Faces Headwinds

Once a standout performer, Solana has struggled to sustain its momentum. Its total value locked (TVL) has fallen to $8.957 billion from $13.2 billion since late September. The number of active users has also decreased, dropping to 26.7 million from 39.1 million. A recent 30% decline in market capitalization has pushed Solana out of the top five cryptocurrencies by size, raising concerns about its ability to weather ongoing market volatility.

Digitap’s Real-World Impact

What sets Digitap apart from established tokens is its focus on practical utility. By tackling the issue of high global remittance fees—which average 6.2%—Digitap offers a competitive 1% fee, aiming to capture a share of the $1 trillion remittance market. Its collaboration with Visa and the availability of a live app provide real-world benefits, distinguishing it from projects driven primarily by speculation. Analysts note that $TAP’s tokenomics, featuring a capped supply of 2 billion tokens and profit-based buybacks, position it for sustainable growth as adoption rises.

Market Trends and the Future of Digitap

The broader crypto environment appears favorable for Digitap’s growth. While XRP’s ETF inflows are notable, they are offset by declining on-chain activity and large-scale selling. Solana is grappling with shrinking TVL and a dwindling user base. Meanwhile, Dogecoin’s ETF launch, which saw $1.4 million in first-day inflows, highlights the difficulties meme coins face in maintaining investor interest.

As Digitap’s 96-hour Black Friday event continues, its combination of real-world utility and scarcity mechanisms may shift investor focus. With XRP and Solana facing both technical and fundamental obstacles, Digitap’s ongoing development—backed by immediate use cases and a functioning product—presents a compelling option for those looking to participate in the next wave of crypto banking innovation.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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