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**Weekly Capital Flows Heat Up: XRP Leads with Strong Inflow Momentum, SHIB Contracts Expand, NIGHT Rides Privacy Token Wave**
The cryptocurrency market is showing interesting dynamics across multiple assets this week. XRP has become the standout performer, attracting $62.9 million in capital inflow during the latest seven-day period—a notable 34% increase compared to the prior week. This substantial inflow movement positions XRP as the strongest gainer among tracked cryptocurrencies, signaling renewed institutional and retail interest in the asset.
Meanwhile, Shiba Inu (SHIB) has experienced consistent growth in derivatives activity, with open interest climbing approximately 8% over the past 24 hours to reach $75.76 million. This translates to roughly 10,346,899,754,165 SHIB tokens locked in futures and perpetual contracts. The expansion in open interest suggests traders are increasing their leverage positions, reflecting growing confidence in the asset's short-term momentum.
On the privacy token front, Cardano's Midnight (NIGHT) has captured significant market attention, surging 20% amid the broader resurgence of interest in privacy-focused blockchain solutions. Weekend trading volume for NIGHT exceeded $3.5 billion, demonstrating robust participation and liquidity in the sector. This uptick reflects the market's cyclical interest in privacy narratives and the potential regulatory tailwinds driving renewed focus on anonymity-preserving cryptocurrencies.
The confluence of strong inflow activity in XRP, expanding derivatives positions in SHIB, and rallying privacy tokens suggests market participants are actively repositioning capital across different narrative themes and use cases.