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  • xrpXRP (XRP) $ 1.82
  • usd-coinUSDC (USDC) $ 0.999654
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  • staked-etherLido Staked Ether (STETH) $ 2,816.31
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  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 3,068.08
  • usdsUSDS (USDS) $ 0.999646
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  • the-open-networkToncoin (TON) $ 1.49
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  • jito-staked-solJito Staked SOL (JITOSOL) $ 150.45
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  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • htx-daoHTX DAO (HTX) $ 0.000002
  • global-dollarGlobal Dollar (USDG) $ 0.999605
  • hashnote-usycCircle USYC (USYC) $ 1.11
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  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,992.15
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  • solanaSolana (SOL) $ 119.97
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  • binance-staked-solBinance Staked SOL (BNSOL) $ 130.57
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  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 139.03
  • jupiter-exchange-solanaJupiter (JUP) $ 0.185256
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Altcoins

XRP’s Wallet Activity Logs Precipitous Drop

By admin
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XRP's Wallet Activity Logs Precipitous Drop

According to a recent report by CoinMetrics, XRP has recorded a 10.77% decline in wallet activity over the past week. This is the largest drop among major altcoins (behind only Ethereum).

Bitcoin, the top cryptocurrency by market cap, has also recorded a 1.16% drop.

Meanwhile, Chainlink (LINK) has logged a 5.45% increase in wallet activity. Cardano’s (ADA) has also seen negligible growth of 0.41%.

XRP's Wallet Activity Logs Precipitous Drop

That said, XRP has seen a 25.5% increase in transaction count. Meanwhile, Bitcoin has logged a 7% decrease.

XRP has also recorded a whopping 130% increase in futures volume. However, its open interest has declined by 1.42%.

The cryptocurrency market has suffered a severe correction over the past week. The Ripple-linked cryptocurrency has underperformed some other major cryptocurrencies, with its market cap declining by more than 13%.

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