XRP and XLM have experienced significant price corrections as investors take profits.
XRP dropped 6% to $1.35, following Ripple's announcement of a $25 million donation to a pro-crypto political action committee.
XRP holders have realized $1.5 billion in profits, with 99% of the total supply currently in profit.
Stellar Lumens (XLM) has also faced a correction, falling 11.1% to $0.4383 after a parabolic rally.
XLM's rapid ascent left it overbought, and its RSI has cooled to 36. Analysts predict a potential decline to as low as $0.30 if Bitcoin's downtrend continues.
The recent price movements highlight the volatility in the cryptocurrency market, driven by investor sentiment and profit-taking behavior.
Ripple's donation has implications for the regulatory landscape.
XRP and XLM's recovery will depend on key support levels and market sentiment.
Investors must remain vigilant and navigate the complexities of the digital asset landscape.