$XRP: XRPL TVL up +631% in a month—is this a trend or a low-base effect?
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According to DefiLlama, XRP Ledger had the fastest TVL growth among the 50 largest networks over the month: +631%. The network now ranks 24th by this metric. Among protocols, the leader is Steakhouse Financial (+10.66%).
Important caveat: percentage growth from a small base looks especially impressive, and the source does not specify the absolute TVL.
What to watch: whether the growth holds for a few more weeks and whether real users arrive, rather than just one-off deposits.
Is this the beginning of a sustained trend for XRPL—or a one-off spike that will fizzle out in a couple of weeks?
#XRP #BTC #HYPE
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According to DefiLlama, XRP Ledger had the fastest TVL growth among the 50 largest networks over the month: +631%. The network now ranks 24th by this metric. Among protocols, the leader is Steakhouse Financial (+10.66%).
Important caveat: percentage growth from a small base looks especially impressive, and the source does not specify the absolute TVL.
What to watch: whether the growth holds for a few more weeks and whether real users arrive, rather than just one-off deposits.
Is this the beginning of a sustained trend for XRPL—or a one-off spike that will fizzle out in a couple of weeks?
#XRP #BTC #HYPE