What happens to the price of XRP

In July, the price of XRP rose sharply, and its ecosystem set several significant records.

These achievements can be a turning point for XRP, strengthening its market position. We understand what factors will contribute to growth

XRP ecosystem updated records in July

The first sign of the success of the XRP is the number of new accounts activated on XRPL. According to XRPSCAN, on July 18, the number of new accounts exceeded 10,000, which became the highest daytime since February.

Before the record set in December 2024 at the level of more than 30,000, still far, nevertheless, the number of new accounts is growing stably. This means that CHRP attracts new investors, many of which can become long -term holders.

The number of active wallets per day exceeded 50,500, which is 100% more compared to the previous month and is the highest in February. Another important achievement – the total value of blocked assets (TVLs) on XRPL recently reached a historical maximum, exceeding $ 92 million. Most of this growth fell on a decentralized exchange (DEX) XRPL.

Although this figure is still small compared to TVL on other blockchains, it marks the first breakthrough after almost a year of stagnation.

The launch of the XRPL EVM Sidechain Mainnet from Ripple in early July opened new opportunities for blocking assets in liquidity pools, which directly increased the TVL on DEX.

XRP dominance rose above 5%

The XRP (XRP.D) dominance index exceeded 5%. Now he is close to his maximum of 2025 and can continue growth. This index shows what is the share of the general capitalization of the cryptorr on the XRP.

Some investors expect XRP.D to reach 15% in 2025. Others hope that the indicator can rise to 30%, as it was in 2017. All these indicators indicate one thing: new capital is received in the XRP. With a market capitalization, more than $ 211 billion XRP now takes 78th place in the world, overtaking Shell, Blackstone and Siemens.

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