$XRP is down roughly 49%… Yet the $XRP Ledger has now moved over $1 trillion in lifetime value. That’s the part of this story I find interesting. On one side, XRP is trading around $1.50 and still struggling to regain strong bullish momentum. On the other, XRPL continues to hit major network milestones, with growing activity and increasing value moving across the ecosystem. So the bigger question isn’t simply: “Why is XRP down?” It’s whether the growing usage of the network eventually translates into stronger demand for $XRP itself. Because network adoption and token price don't always move together in the short term. Is XRP being undervalued, or is XRPL growth simply not enough to drive the token higher?