XRP Price Drops 50%, Ripple's Stablecoin May Be Contributing Factor
The price of XRP (XRP) has fallen by 50% over the past year despite increased network activity. The growth in liquidity from Ripple’s $785 million stablecoin, RLUSD, is drawing capital onto the network without boosting demand for XRP itself.
Tickers: $XRP
Topics: liquidity pools network activity stablecoin XRP