Why 26.5 billion XRP tokens are now sitting at a loss despite a $2 price tag

XRP is under renewed pressure as the broader market downturn drags its profitability metrics back to levels last seen during Donald Trump’s November 2024 re-election. Glassnode data shows that only...

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Why 26.5 billion XRP tokens are now sitting at a loss despite a $2 price tag

Source: CryptoSlate

XRP is under renewed pressure as the broader market downturn drags its profitability metrics back to levels last seen during Donald Trump’s November 2024 re-election. Glassnode data shows that only 58.5% of XRP’s circulating supply is now in profit. That is the weakest reading since late November 2024, when the token hovered around $0.53. Even […]