The XRP Network Value to Transactions (NVT) Ratio has recently experienced spikes, indicating that the market cap of XRP may be overvalued compared to its transaction volume. This could result in a potential price rebound to the upside if the indicator is low. However, recent highs in the NVT Ratio suggest that the market cap of XRP is not justified by its volume. Additionally, there is a risk of excessive hype and fear of missing out (FOMO) among investors, as indicated by the Binance Funding Rate and Social Dominance metrics. These factors, along with a recent pullback in price, could potentially impact the XRP market.



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