XRP Is Still Trading on Narrative Not Cash Flow

XRPL DEX activity just hit a 13-month high, but a short-term spike in transactions does not automatically translate into structural value creation. If we step back and look at the fundamentals, total value locked remains structurally small compared to dominant Layer 1 ecosystems. source: https://www.ethnews.com/xrp-is-still-trading-on-narrative-not-cash-flow/