{"id":32957,"date":"2026-10-01T10:14:14","date_gmt":"2026-10-01T09:14:14","guid":{"rendered":"https:\/\/investx.fr\/en\/2026\/10\/01\/xrp-xlm-near-rallies-exchange-deposits-surge\/"},"modified":"2026-10-01T10:14:21","modified_gmt":"2026-10-01T09:14:21","slug":"xrp-xlm-near-rallies-exchange-deposits-surge","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/xrp-xlm-near-rallies-exchange-deposits-surge\/","title":{"rendered":"XRP, XLM and NEAR: Rallies Lose Steam as Exchange Deposits Surge 160%"},"content":{"rendered":"\n

The altcoins<\/strong> that dominated the past few weeks are now sending serious warning signals. XRP<\/strong>, Stellar (XLM)<\/strong> and Near Protocol (NEAR)<\/strong> are seeing their deposits on centralized platforms explode \u2014 an on-chain<\/strong> indicator historically associated with massive profit-taking<\/strong>.<\/p>\n\n\n\n

When tokens flood into exchanges<\/strong>, sellers are positioning themselves. And the current figures leave little room for doubt: the bullish momentum behind these three assets could be in the process of reversing.<\/p>\n\n\n\n

Here is a breakdown of the on-chain<\/strong> signals that are putting the most seasoned traders on high alert.<\/p>\n\n\n\n

+160% in Exchange Deposits: What the On-Chain Data Reveals<\/h2>\n\n\n\n

The volume of deposits flowing into exchanges<\/strong> for XRP<\/a><\/strong>, XLM<\/a><\/strong> and NEAR<\/a><\/strong> has surged by +160%<\/strong> over a short period. This type of movement is a classic bearish signal<\/strong> in on-chain<\/strong> analysis: when holders transfer their tokens en masse to platforms like Binance<\/strong> or Coinbase<\/strong>, it is generally to sell, not to buy.<\/p>\n\n\n\n

This phenomenon comes on the back of significant rallies across all three assets. XRP<\/strong> posted a spectacular run fueled by optimism surrounding the Ripple<\/strong> lawsuit and anticipation of a spot ETF<\/strong>. XLM<\/strong> followed in its wake, benefiting from the historical correlation between the two tokens. NEAR<\/strong>, for its part, rode a renewed wave of interest in AI-focused Layer 1<\/strong> infrastructure projects.<\/p>\n\n\n\n

\"XRP<\/figure>\n\n\n\n

When price rises sharply and exchange deposits spike simultaneously, data from CryptoQuant<\/strong> and Glassnode<\/strong> typically points to a distribution<\/strong> phase. Investors who bought at lower levels are looking to lock in gains ahead of a potential correction. This is precisely the pattern now taking shape across all three altcoins.<\/p>\n\n\n\n

Cascading Profit-Taking: The Altcoin Market Under Pressure<\/h2>\n\n\n\n

The profit-taking<\/strong> dynamic is not isolated to these three assets. It reflects a broader market sentiment in which investors, after several weeks of sustained upside, are looking to monetize their positions. Market sentiment<\/strong> is gradually shifting from FOMO<\/strong> toward heightened caution, particularly among experienced traders who monitor on-chain<\/strong> indicators in real time.<\/p>\n\n\n\n

On the technical side, XRP<\/strong> is trading within a critical resistance zone<\/strong> following its recent breakout. A massive influx of tokens onto exchanges can generate enough selling pressure to trigger a retracement<\/strong> toward lower support<\/strong> levels. The same logic applies to XLM<\/strong> and NEAR<\/strong>, whose price structures are showing clear signs of bullish momentum exhaustion.<\/p>\n\n\n\n

Traders should keep a close eye on liquidity levels in the order books<\/strong> of major exchanges<\/strong>. If buying demand is insufficient to absorb the additional supply generated by these deposits, a technical correction<\/strong> becomes the most likely short-term scenario for all three altcoins.<\/p>\n\n\n\n

What to Watch in the Coming Hours for XRP, XLM and NEAR<\/h2>\n\n\n\n

There are several key indicators to monitor closely. First, the evolution of the Exchange Netflow<\/strong>: if deposits continue to rise without being offset by withdrawals, selling pressure will persist. Second, whale<\/strong> behavior: a shift in their activity from distribution back toward accumulation could signal a price floor forming.<\/p>\n\n\n\n

The macro<\/strong> backdrop also warrants attention. A renewed appetite for risk in traditional markets, or a favorable announcement on the crypto regulation<\/strong> front, could counterbalance the current bearish dynamic. But in the absence of a strong catalyst, on-chain<\/strong> data argues for a period of consolidation<\/strong>, or even a correction, before any sustained new upward move materializes. Bitwise Launches First NEAR Spot ETF in the US Following a 160% Rally<\/a><\/p>\n\n\n\n

For altcoins<\/strong> broadly, this distribution<\/strong> phase is healthy over the long term: it flushes out speculative positions and builds a more solid foundation for the next bull wave. But in the short term, volatility is likely to intensify for XRP<\/strong>, XLM<\/strong> and NEAR<\/strong>.<\/p>\n\n\n\n

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