Ripple’s unified system for payments and wealth storage may give XRP an edge with institutions eyeing real-world utility beyond speculation, said Bitnomial CEO Luke Hoersten.
The weak action happened despite SOL exchange-traded products booking their second strongest weekly inflow on record driven by the new ETFs, CoinShares said.
The downturn in prices rippled across derivatives markets, liquidating over $1 billion in leveraged trading positions across all digital assets Monday, CoinGlass data showed.