XRP Supply in Profit Hits 57% to Reach Nine-Month Peak
The proportion of XRP supply currently in profit has risen to 57%, marking a nine-month high according to data from CryptoRank.
The percentage of circulating XRP supply currently in profit has climbed to 57%, reaching a nine-month peak, according to data published by CryptoRank.
Supply Metrics
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The milestone reflects changing profitability dynamics for holders of the asset over the observed period. The metric tracks the proportion of tokens whose on-chain creation price is lower than the current market valuation.
Market Context
Key facts
- The proportion of XRP supply in profit reached 57%, according to CryptoRank.
- The figure represents a nine-month peak for the asset.
- The metric evaluates on-chain creation price versus current market valuation.
Source: news.google.com
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