XRP’s 10 Million TVL Milestone Signals Growing Demand for Ripple’s Token

Published 03/06/2024, 16:30
Updated 03/06/2024, 17:15
XRP’s 10 Million TVL Milestone Signals Growing Demand for Ripple’s Token
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Coin Edition -

  • XRPL reaches 10M XRP total value locked, 25% of Uniswap V3 pairs.
  • Ripple to release 1B XRP and re-lock 800M tokens in escrow.
  • XRP price rises 1.12%; the current market cap is $28.83 billion.

XRP saw a surge in activity and value locked on its ledger after a prominent validator, known as Vet, announced a milestone of 10 million XRP Total Value Locked (TVL) on the network. The announcement coincided with the XRP Ledger (XRPL) reaching 25% of Uniswap V3’s total pairings with 500 pairs on its platform, signaling growing confidence and adoption in the XRP ecosystem.

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