XRP network activity has significantly slowed down, with the number of XRP destroyed within 24 hours dropping from 333 to less than 100, a decrease of over 50%. The slowdown in on-chain activity coincided with a 3.55% decline in XRP price, causing XRP to break below $2, with trading prices around $1.97. This is part of the overall adjustment in the cryptocurrency market.
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XRP network activity has significantly slowed down, with the number of XRP destroyed within 24 hours dropping from 333 to less than 100, a decrease of over 50%. The slowdown in on-chain activity coincided with a 3.55% decline in XRP price, causing XRP to break below $2, with trading prices around $1.97. This is part of the overall adjustment in the cryptocurrency market.