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XRP Volume Skyrockets 87%, But Can the Price Follow?
In a recent update, Godfrey Benjamin highlights an astonishing surge in XRP volume, skyrocketing by a staggering 87%. This remarkable growth is undeniable evidence of significant interest and investment in Ripple’s native cryptocurrency. However, as the market continues to evolve, it’s essential to consider whether this upward trend will translate into increased price action.
The XRP Ledger is evolving at an incredible pace, paving the way for decentralized applications (dApps) that can drive adoption into the XRP market. While growth may seem stagnant at times, a potential ETF product for XRP offers long-term optimism.
What’s Next?
While we wait with bated breath to see if this volume surge will translate into price action, I’d love to hear from you – Are you optimistic about the future of XRP?
Source: u.today
