Data on the chain from Flare Network shows that DeFi activity within the XRP ecosystem is becoming increasingly active, with FXRP supply exceeding 132 million tokens, with nearly 80% locked in protocols. The network has secured over 149 million dollars in asset value and processed over 2.8 million transactions, indicating that users are transitioning from passive holding to active usage. Analyst XFinanceBull links this to Ripple's infrastructure development and the recent 50 million dollar stock buyback, believing this signals institutional investors' confidence in the network and suggests that the network scale will expand further in the future.

XRP0,92%

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