The number of transactions for XRP has dropped by around 70% from its local top, indicating a decline in activity and a potential outflow of traders and investors from the network. This decline could be due to factors such as regulatory uncertainty and a change in investor sentiment, suggesting a lower demand for XRP's utility. Although XRP is currently trading at a modest increase of 1.4%, it is still far below its recent peak and may face further selling pressure if it does not recover key support levels. The upcoming week may see increased volatility in the market, which could impact XRP.



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