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XRP Network Activity Surges Despite Price Decline and Market Uncertainty

  • XRP price fell below $2, marking a 17% decline over the past week.
  • On-chain data shows a massive surge in active XRP addresses, tripling from 89,606 to over 370,000 within two weeks.
  • Binance outflows hit a monthly high of $465 million on March 7 but have since sharply declined.
  • The correlation between increasing network activity and declining prices raises questions about broader market sentiment.

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