XRP Community Overlooks DeFi Boom — “Hodlers” Miss Out
The post XRP Community Overlooks DeFi Boom — “Hodlers” Miss Out appeared on BitcoinEthereumNews.com.
Ripple’s native token, XRP, has emerged as a major player in 2025, riding high on the wave of decentralized finance (DeFi) innovations. The cryptocurrency, which has surged 240% year-to-date, continues to surprise its community with opportunities to grow wealth without liquidating holdings. XRP is trading at $2.46 at the time of writing, marking a 2.19% decline in the last 24 hours, according to Brave New Coin’s XRP Liquid Index. Brave New Coin’s XRP Liquid Index Crypto analyst Cypress Demanincor recently raised the alarm about the XRP community’s lack of awareness of the expanding DeFi ecosystem within the XRP Ledger (XRPL). He noted that tools for staking, yield farming, and liquidity provision are now available to XRP holders, yet many remain dismissive or unaware of their transformative potential. Adding to that, Ripple’s Chief Technology Officer, David Schwartz, explained the financial advantages of engaging with XRP liquidity pools. “Providing tokens to liquidity pools enables holders to earn rewards,” he stated, emphasizing the dual benefit for both individuals and the ecosystem at large. Do not sell XRP ( Hold Til $10,000 ) The XRP community on Reddit is abuzz with calls to “hold the line.” A post by Space_ape2069 urged users not to sell, aiming for a lofty $10,000 target, a frankly unrealistic price prediction. The thread has sparked heated discussions about XRP’s potential amid ongoing legal battles and market speculation. Source: Reddit One user confidently tied XRP’s future to the lawsuit’s resolution and potential market impacts, encouraging others to stay firm. Another contributor shared plans to invest $150 weekly, emphasizing commitment. The comments reflect optimism within the XRP community despite the cryptocurrency’s legal and market challenges. Meanwhile, Ripple’s low transaction costs and unmatched speed continue to set it apart. With transactions completed in seconds and fees as low as 0.00001 XRP (a…
Filed under: News - @ January 14, 2025 6:25 pm