๐ XRP is back below $1, but the bigger story isn't just the price.
XRP has dropped more than 7% this week, falling below the psychological $1 level, with some analysts watching $0.87 as the next possible support. ๐
What really caught my attention is the debate around RLUSD. Some argue Ripple's stablecoin could eventually reduce XRP's role in payments as tokenized assets grow. That doesn't mean XRP's utility is disappearing, but it's definitely a question worth watching.
Thereโs still one positive signal: XRP ETF flows remained positive at $1.01M, although that's far below the $14.9M seen the previous week.
๐ญ I think XRP's next phase will depend heavily on actual utility, not just narratives.
#TrumpDemandsCompensationFromIran #BlackRockCanadaLaunchesBitcoinLinkedETF #SheinToStartHKIPOBookbuildingAsSoonAsNextWeek
$XRP
$CYS
$VELVET
XRP has dropped more than 7% this week, falling below the psychological $1 level, with some analysts watching $0.87 as the next possible support. ๐
What really caught my attention is the debate around RLUSD. Some argue Ripple's stablecoin could eventually reduce XRP's role in payments as tokenized assets grow. That doesn't mean XRP's utility is disappearing, but it's definitely a question worth watching.
Thereโs still one positive signal: XRP ETF flows remained positive at $1.01M, although that's far below the $14.9M seen the previous week.
๐ญ I think XRP's next phase will depend heavily on actual utility, not just narratives.
#TrumpDemandsCompensationFromIran #BlackRockCanadaLaunchesBitcoinLinkedETF #SheinToStartHKIPOBookbuildingAsSoonAsNextWeek
$XRP
$CYS
$VELVET