📌 XRP Is Still Trading on Narrative Not Cash Flow – XRPL DEX activity just hit a 13-month high, but a short-term spike in transactions does not automatically translate into structural value creation. If we step back and look at the fundamentals, total value locked remains structurally small compared to dominant Layer 1 ecosystems.
$XRP ,
XRPL DEX activity just hit a 13-month high, but a short-term spike in transactions doesn’t create structural value. #XRP still trades on narrative, not cash flow; total value locked remains small vs dominant Layer‑1 ecosystems.
#Macro Insights# #XRPL