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XRP Exchange Transactions Fall to Historic Lows: Good or Bad for Ripple’s Price?

Alongside Bitcoin, major altcoins posted minor recovery as optimism surrounding a potential ceasefire in the Iran conflict supported risk assets. XRP, for one, climbed by 4% on Tuesday. The appreciation, however, comes at a time when fewer XRP users are interacting with exchanges. Market Interest Cools On-chain analytics shared by CryptoQuant shows that the number of deposit and withdrawal transactions across major t…

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