These 2 Bearish Signs Could Spell Trouble for XRP
Key takeaways
- That market could be worth as much as $8 trillion by 2030, up from its value of $31.5 billion today.
- So when the on-chain data backing that story starts to slip badly, it s worth paying attention with a little bit of urgency.
- Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need.
XRP-USD XRP (CRYPTO: XRP) holders are, among other things, banking on the possibility that the XRP Ledger (XRPL) is going to capture a meaningful slice of the tokenized real-world asset (RWA) market and attract a lot of institutional capital to the network in the process. That market could be worth as much as $8 trillion by 2030, up from its value of $31.5 billion today.
So when the on-chain data backing that story starts to slip badly, it s worth paying attention with a little bit of urgency. Two metrics in particular have flipped sharply bearish over the past 30 days, and if things don t improve soon enough, it ll threaten the idea that XRP is the coin to buy to get exposure to institutional positioning in the tokenization market. Here s what s happening and why it s concerning for holders.
Will AI create the world s first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »