21Shares builds XRP investment case on four pillars
- —Spot XRP ETFs in the US have gathered over $1.70 billion in net inflows
- —21Shares estimates XRPL on-chain volume over 12 months at nearly $500 billion
- —RLUSD reached about $1.6–2.4 billion, tokenized assets about $4 billion
- —More than 14 million XRP have been burned out of a fixed 100 billion
Why it matters: The investment case highlights the risk that growth of the XRPL network does not guarantee sustained demand for the XRP token itself.
Source: Bitcoin.com