What happened?
The market rebounded after a rough start to the week, lifting prices for XRP, SUI and sparking excitement around Monad’s incoming airdrop. XRP and SUI posted modest 24‑hour gains while Monad published a claim portal for its MON airdrop and presales like PEPENODE raised significant funds. Together these moves have traders watching for potential listing rallies and short‑term volatility.
Who does this affect?
Retail traders and speculators in XRP, SUI and new tokens like PEPENODE see immediate opportunities and risks from price swings and listings. Ethereum and Solana community members are eligible for the Monad airdrop, which could change token allocations and short‑term selling pressure at listing. Institutional investors are also watching XRP ETF signals and Ripple’s partnerships, since those could trigger larger inflows.
Why does this matter?
If XRP ETFs or big institutional flows arrive, they could add substantial liquidity and push XRP into multi‑dollar territory, affecting broader market sentiment. Monad’s airdrop may cause initial sell pressure but could seed a new L1 that attracts long‑term capital if its fundamentals hold. Overall, SUI’s TVL, ETF chatter and hot presales increase volatility but also create the kind of catalysts that often drive big market moves into the year‑end rally.