Why 26.5 billion XRP tokens are now sitting at a loss despite a $2 price tag

XRP is under renewed pressure as the broader market downturn drags its profitability metrics back to levels last seen during Donald Trump’s November 2024 re-election. Glassnode data shows that only 58.5% of XRP’s circulating supply is now in profit. That is the weakest reading since late November 2024, when the token hovered around $0.53. Even The post Why 26.5 billion XRP tokens are now sitting at a loss despite a $2 price tag appeared first on CryptoSlate.