XRP Ledger DEX Volume Falls Below $50,000, Sparking Community Concerns

The XRP community is concerned about the network’s utility as its DEX trading volumes and TVL remain extremely low. Despite XRP’s impressive $137 billion market cap, the network recorded only $44,000 in daily DEX trading volume yesterday, raising questions about its overall utility and adoption. When compared to leading blockchain networks, the XRP ledger suffers from a shortage of nodes, validators, and smart contract token holdings. This discrepancy highlights a clear misalignment between the altcoin’s market valuation and the practical usability of its blockchain network source: https://beincrypto.com/xrp-ledger-dex-trading-sparks-concern/