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XRP Sheds ’Meme Coin’ Reputation as Market Depth Signals Real Adoption—Kraken Data
XRP Sheds ’Meme Coin’ Reputation as Market Depth Signals Real Adoption—Kraken Data
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Forget the hype cycles—XRP’s order books now mimic blue-chip assets, not just another crypto casino chip.
Kraken’s latest report reveals deepening liquidity pools, suggesting institutions might finally be using Ripple’s darling for something beyond speculative day trades. (Cue Wall Street ’blockchain consultants’ scrambling to update their LinkedIn bios.)
The real shocker? This growth comes despite the SEC’s legal circus—proving that when a network actually solves cross-border payments, regulators can’t kill demand with paperwork.
Still, let’s see how long this maturity lasts when the next bull run turns traders back into degenerate gamblers.
Average XRP Volume Across Major Exchanges
Interestingly, the recent report follows another Kraken piece highlighting how a little XRP can significantly impact the profitability of one’s portfolio. The exchange noted that a modest 3.9% allocation to XRP could trim risks and uplift returns.
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