• Eight major cryptocurrencies show extreme greed signals from institutional investors.
• XRP and DOGE lead sentiment surge with 95/100 whale confidence, indicating a potential price breakout.
• Ethereum maintains a strong position at $3,668 with an 83% whale sentiment rating.

XRP and DOGE are driving bullish sentiment in the crypto market, with major investors signaling confidence.

Whale sentiment, a key indicator of institutional interest, has surged to record levels. XRP leads with a score of 95 on the greed index, closely followed by Dogecoin at 93, signaling strong market optimism.

XRP’s Critical Dates and Market Momentum

The sentiment surge coincides with two crucial dates for XRP; January 15 marks the deadline for Ripple and the SEC to file another appeal, while January 20 could see the appointment of Paul Atkins, a crypto-friendly figure, as SEC Chair. Speculation about the upcoming Trump administration’s pro-crypto stance is further fueling optimism.

DOGE’s Whale Activity Signals Price Potential

On the other hand, DOGE’s strong performance stems from more than just sentiment. A massive transfer of 399.9 million DOGE, valued at about $144.9 million, to an unknown wallet has caught analyst’s attention. Such movements typically indicate reduced selling pressure as assets shift off exchanges into private wallets.

Read also: XRP Dominance Predicts Price Trends: $10 to $13 Target Range

Historically, January has been DOGE’s best-performing month, with an average return of 85%, according to CryptoRank data.

Ethereum and Altcoins Strengthen Market Sentiment

Ethereum maintains a strong foothold at $3,668.70, backed by an 83% whale confidence rating. Solana (SOL) trades at $216.20, while Cardano (ADA) holds at $1.1420, both showing robust institutional support.

Beyond top-tier cryptocurrencies, Binance Coin (BNB) also secured a 77% sentiment score, with altcoins Avalanche (AVAX) and Polkadot (DOT) garnering 84% and 75%, respectively.

As both retail and institutional metrics align in extreme greed territory, the market anticipates significant price movements across major cryptocurrencies.