XRP Price Drops Below $2 Despite ETF Demand and Network Activity
The price of XRP experienced a decline, falling below $2. This drop occurred amidst a broad market sell-off, even as spot Exchange Traded Funds (ETFs) saw strong inflows. Simultaneously, the XRP Ledger recorded a surge in transactions. Despite these positive factors, investor sentiment was not lifted, leading to the price decrease. The report indicates that broader market dynamics are currently outweighing specific positive developments within the XRP ecosystem.
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