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<p>XRP, the cryptocurrency associated with Ripple,<a href="https://twitter.com/MetalXApp/status/1701326199535108139" rel="noopener noreferrer nofollow"> has been listed</a> on MetalX.com, a rebranded version of the Proton DEX exchange.</p> 
<p>This comes after XRP recently experienced a significant price drop. Despite this downtrend, the listing indicates a level of market confidence in XRP's potential and offers a new trading avenue for existing and potential investors.</p> 
<h2 id="embracing-xrp">Embracing XRP</h2> 
<p>MetalX.com represents a substantial evolution from its previous incarnation, Proton DEX, not merely functioning as a decentralized exchange but aspiring to be a full-fledged financial ecosystem.</p> 
<p>The platform boasts an array of features designed to bridge the divide between security and accessibility, including zero gas fees, instant transactions and robust on-chain identity verification.</p> 
<p>XRP's listing on MetalX.com enables users to engage in decentralized trading with a fully decentralized order book, <a href="https://u.today/solana-sol-trust-by-grayscale-now-open-to-otc-markets-traders-report" rel="noopener noreferrer nofollow">OTC trades</a> powered by smart contracts and streaming payments to settle transactions over time.</p> 
<h2 id="xrp-s-price-woes">XRP's price woes</h2> 
<p>XRP's price has recently retraced the gains it made following the <a href="https://u.today/ripple-v-sec-approximate-xrp-trial-date-becomes-known" rel="noopener noreferrer nofollow">SEC v. Ripple case</a>, currently hovering at $0.47, with a market cap of $25.1 billion.</p> 
<p>Financial analysts like Benjamin Cowen <a href="https://twitter.com/intocryptoverse/status/1701357820879290530" rel="noopener noreferrer nofollow">note</a> that "narratives do not drive the market, liquidity does."</p> 
<img src="https://u.today/sites/default/files/inline-images/F5xv630XQAAG3U1.jpeg" data-entity-uuid="6752b287-82b9-4ea6-a9aa-7b2debc24d2c" data-entity-type="file" alt="https://twitter.com/intocryptoverse/status/1701357820879290530/photo/1"> 
<p>After initially spiking to above $0.80 in July — thanks to being relisted on major exchanges like Coinbase — the cryptocurrency has struggled to maintain its upward trajectory.</p> 
<p>However, its 24-hour trading volume of over $1.15 billion suggests that there remains a considerable level of interest in <a href="https://u.today/xrp-volume-skyrockets-by-176-as-price-attempts-to-recover" rel="noopener noreferrer nofollow">XRP</a> despite its recent setbacks.</p>

XRP Debuts on New Exchange After Massive Price Drop

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