XRP Token Utility Questioned as Analyst Reveals Disconnect Between Price and Usage

TLDR:   Ripple’s infrastructure functions independently, allowing banks to use services without holding XRP. XRP maintains over $100 billion market cap while XRPL DeFi total value locked stays in tens of millions. Transaction growth came from micro-transaction spam rather than genuine payment activity, Ripple confirmed. SEC lawsuit drove price movements based on court dates instead [...]

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