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Guavy AI Editorial TeamSentiment: 2Clout: 42

XRP Price Rangebound as Network Metrics Continue to Grow

The cryptocurrency market has been experiencing a period of stability, with many tokens stuck in a narrow range. This is also true for XRP, which has not seen any significant price movement in the past few days.

Despite this lack of price action, key network metrics for XRP are continuing to grow. The total value locked in its RWA network has jumped by over 20% in the last 30 days, reaching $2 billion and surpassing Solana's $1.7 billion.

This growth in the RWA network is a positive sign for XRP, as it indicates that more assets are being tokenized on the platform. Additionally, spot XRP ETFs have seen significant growth in assets, adding over $48.5 million this month alone.