Analyst: XRP Could Be Near a Major Breakout
A new analysis from crypto commentator Ripple Bull Winkle suggests that XRP’s supply dynamics are shifting in a way that could fuel a strong price move.
⭐ Core Insight
Citing Flare Network’s Hugo Filion, the analyst claims that around 70% of XRP bridged to Flare is now actively used in DeFi — not sitting idle, but deployed in staking, liquidity pools, and smart contracts.
⭐ Why This Matters
Tokens locked in DeFi are effectively removed from exchange supply.
This means:
Lower liquid supply + even modest demand = sharper price movement.
⭐ Market Impact
If this on-chain trend continues, XRP’s available exchange reserves could remain compressed, increasing the chance of accelerated price reactions during buying pressure.
It also counters the long-time narrative that XRP holders don’t participate in DeFi.
In short:
Growing DeFi usage of bridged XRP is tightening supply — and that could set the stage for XRP’s next major move.$XRP
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