Crypto pundit Jake Claver claims XRP's spot price stagnation is due to an increase in off-exchange trading, particularly in dark pools.
Dark pools are said to be absorbing large buy orders off public exchanges, affecting XRP's price stability, according to Claver.
Claver suggests that institutional demand is being met through dark-pool facilities, which could eventually lead to a surge in XRP's price once demand surpasses supply.
While there is no concrete proof of the scale of dark-pool activity impacting XRP, Claver's analysis highlights the potential hidden dynamics at play beneath the apparent calm in XRP's price.