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XRP Ledger shows signs of increasing usage, suggesting XRP price increase – TON BOT

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XRP Ledger shows signs of increasing usage, suggesting XRP price increase

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CryptoQuant analyst Maartunn shared data showing increased velocity on the XRP Ledger (XRPL), indicating growing network utility. The velocity is approaching resistance, suggesting potential price growth. Despite a decrease in total deposits, developments like the launch of Ripple USD stablecoin could drive further growth and boost XRPL usage.

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