XRP DeFi Activity Climbs While XRPL Liquidity and Stablecoin Value Decline
- —Doppler's XRP Vault peaked at 90 million tokens worth over $127 million
- —XRPL total value locked slipped about $5 million from its late-September peak of $46 million
- —Stablecoin market cap on XRPL fell 6.3% to $1.23 billion
- —Evernorth holds 473 million XRP and is preparing an XRPN listing on Nasdaq
Why it matters: The gap between rising product activity and falling liquidity will show whether capital returns to XRP DeFi after Evernorth's listing.
Source: The Crypto Updates