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News
XRPL hits 3 million daily transactions as DeFi slowdown tests XRP after 25% yearly drop
user-avatar
Ritika Gupta1d ago

XRPL hits 3 million daily transactions as DeFi slowdown tests XRP after 25% yearly drop

This week, XRP Ledger reached 3 million daily transactions while XRP has already fallen 25% this year. Analysts highlight oversold technicals and supply-squeeze potential, but weakening DeFi and a shrinking stablecoin base on XRPL are raising doubts about the sustainability of Ripple's bullish narrative.
XRP
XRP+4.73%
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.
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