😱Unbelievable Surge! XRP Soars 298%, Is the ETF Craze Igniting or Are There Hidden On-chain Crises?🚨
Ripple XRP has kicked off 2025 with a bang, skyrocketing 298.8%, reaching a peak of $3.4 in January, currently reported at $2.14! The average daily spot trading volume reached $3.2 billion, peaking over $16 billion, but on-chain trading volume plummeted 37%, exposing the gap between market enthusiasm and actual usage.
Bullish Engines:
SEC's withdrawal of the lawsuit boosts confidence, expectations of XRP spot ETF approval ignite the market!
Investment products influx of $214 million, institutional interest hits an all-time high.
Prices have risen 26.9% in the past 30 days, with speculative frenzy driving liquidity.
Emerging Concerns: On-chain trading volume has dropped 86%, new wallet openings have fallen over 40%, and network activity is sluggish. Profit-taking and short-term trading are dragging down the ecosystem, urgent revitalization is needed! Will XRP ride the ETF wave to new heights, or will on-chain crises hold it back? Come and see!