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$XRP Holds Strong: 93% of Supply Still in Profit Amid Dip
Despite XRP’s recent dip to $2.90, 93% of its circulating supply remains profitable, showing strong on-chain resilience. According to analyst Xaif Crypto, holders have seen consistent gains of 90%+ since July, indicating widespread winning positions.
However, when over 90% of the supply is in profit, history shows it can lead to heavy profit-taking and potential corrections. Still, XRP’s sustained profitability suggests a solid foundation for long-term growth.
In other news, SWIFT is exploring blockchain solutions for cross-border payments, with Ripple ( $XRP ) and Hedera Hashgraph (HBAR) in the spotlight. This potential shift could boost XRP’s institutional adoption and liquidity, bridging traditional finance with blockchain’s efficiency.
