XRP TVL surges past $80M while ETF hype builds – What’s next?
The post XRP TVL surges past $80M while ETF hype builds – What’s next? appeared on BitcoinEthereumNews.com.
XRP’s TVL surpasses $80 million, marking a rapid expansion in the DeFi space. Rising network activity and ETF speculation contribute to XRP’s strong bullish momentum. XRP has started 2025 with remarkable momentum, emerging as one of the fastest-growing assets in the decentralized finance (DeFi) sector. Its Total Value Locked (TVL) has skyrocketed, reflecting increasing adoption and confidence in its ecosystem. Coupled with surging network activity and speculation surrounding a potential XRP ETF approval, the asset has gained considerable attention from both retail and institutional investors. XRP’s Total Value Locked (TVL) surges Ripple has witnessed an explosive rise in its Total Value Locked (TVL) this month, positioning itself among the fastest-growing assets in the decentralized finance (DeFi) ecosystem. According to DeFiLlama, XRP’s TVL surged past $80 million, a remarkable increase from its levels below $20 million just a few months ago. This significant growth signals rising confidence in the XRP Ledger’s DeFi applications and liquidity expansion. Source: DefiLlama A closer look at the TVL chart indicates that it experienced its first major spike in November 2024, crossing the $60 million mark. While the metric showed intermittent fluctuations in December, XRP began 2025 with a renewed uptrend, now stabilizing above $80 million. This trajectory underscores XRP’s expanding footprint in DeFi and the broader blockchain ecosystem. Network growth and active addresses fuel on-chain strength Beyond the TVL surge, XRP’s network activity has also displayed remarkable strength. Data from Santiment reveals a notable spike in network growth, reflecting an increasing number of new wallet addresses interacting with the blockchain. This is a strong indicator of growing adoption, suggesting that more users are engaging with XRP’s ecosystem. Although, there has been a notable decline recently. Similarly, CryptoQuant’s data on active addresses confirms this trend. Its active addresses have consistently risen, peaking at over 110,000 in…
Filed under: News - @ February 2, 2025 9:14 am