XRP News Today: Utility-Driven $TAP Outpaces XRP and Solana's Struggles in Shifting Market

The cryptocurrency market is witnessing a significant shift as Digitap's ($TAP) Black Friday campaign, featuring a 96-hour event with over $1 million in bonuses and rewards, captures investor attention amid mixed performances from XRP and Solana (SOL). The presale of $TAP, the native token of the "omni-bank" platform, has raised nearly $2.2 million, with 92% of its second round sold out at $0.0326 per token. This momentum contrasts with XRP's recent 16% decline to $2.20 and Solana's 2.1% drop, which has left the token closer to $100 than $200.

Digitap's appeal lies in its utility-driven model, combining fiat and crypto services into a single app. The platform allows users to manage multi-currency accounts, stake tokens for yields, and access Visa-branded cards for instant, low-fee transactions according to reports. Over 120,000 wallets now use the app, and 50% of platform fees fund $TAP buybacks and burns, creating a scarcity mechanism that aligns with its growing user base. The Black Friday event, dubbed "96 Hours of Madness," offers hourly drops of discounts, token bundles, and product rewards, intensifying demand for $TAP.

Meanwhile, XRP's recent price action reflects the tension between ETF-driven optimism and bearish fundamentals. Grayscale and Franklin Templeton's XRP ETFs attracted $164 million in single-day inflows, pushing the token 8% higher in early November. However, technical indicators remain mixed: XRP's RSI below 50 and a 50% drop in on-chain payments suggest lingering bearish pressure. Whale selling and reduced exchange inflows have further clouded its near-term outlook, with analysts split on whether it will rebound to $3 or fall toward $1.

Solana, once a market darling, has struggled to maintain its momentum. Its TVL fell to $8.957 billion from $13.2 billion in late September, while active users dropped to 26.7 million from 39.1 million. The recent 30% decline in its market cap has left it off the list of the five largest cryptocurrencies, prompting investors to question its resilience amid broader market volatility.

Digitap's differentiation from traditional blue-chip tokens is rooted in its real-world utility. By addressing high remittance fees -averaging 6.2% globally- Digitap offers a 1% fee alternative, tapping into a $1 trillion market. Its partnership with Visa and live app functionality provide tangible value, contrasting with projects reliant on speculative hype according to reports. Analysts highlight that $TAP's tokenomics, including a fixed 2 billion supply and profit-driven buybacks, position it for long-term growth as adoption increases.

The broader market context also favors Digitap. XRP's ETF inflows, while significant, face headwinds from declining on-chain activity and whale selling. Solana's ecosystem struggles to retain TVL and users, while Dogecoin's ETF debut -a $1.4 million first-day inflow- underscores the challenges of sustaining interest in meme-based assets.

As the 96-hour Black Friday event unfolds, Digitap's ability to blend utility with scarcity could redefine investor priorities. With XRP and Solana grappling with technical and fundamental challenges, $TAP's presale-driven by immediate use cases and a live product-offers a compelling alternative for those seeking exposure to a crypto banking revolution.