XRP Community Overlooks DeFi Boom — “Hodlers” Miss Out

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The particular digital currency that’s experienced a 240% increase this year is consistently offering chances for its user base to amplify their assets, all without the need to sell their existing investments.

Currently, XRP is being traded at approximately $2.46, representing a decrease of 2.19% over the past 24 hours as per the latest data from Brave New Coin’s XRP Liquid Index.

Brave New Coin’s XRP Liquid Index

crypto expert Cypress Demanincor has sounded a warning about the XRP community’s limited understanding of the rapidly growing DeFi landscape on the XRP Ledger (XRPL). He pointed out that opportunities for staking, earning yields, and providing liquidity are now accessible to XRP owners, but many seem indifferent or uninformed about their revolutionary possibilities.

Furthermore, David Schwartz, Ripple‘s Chief Technology Officer, highlighted the financial perks of interacting with XRP liquidity pools. He pointed out that contributing tokens to these pools allows token holders to receive incentives as a bonus, benefiting both individual users and the broader ecosystem.

Do not sell XRP ( Hold Til $10,000 )

Discussions within the Reddit community regarding XRP are intense as users are encouraging each other to maintain their positions. A post from Space_ape2069 suggests not cashing out, instead aiming for a highly ambitious $10,000 price point, which is quite unattainable at this time. This topic has ignited lively debates about XRP’s possible future given the ongoing legal disputes and market conjecture.

One user strongly connected XRP’s destiny with the outcome of the lawsuit and potential market effects, urging others to remain steadfast. Another participant discussed a strategy to invest $150 per week, highlighting their dedication. These remarks reveal an optimistic outlook within the XRP community amidst the cryptocurrency’s legal and market hurdles.

Simultaneously, Ripple stands out due to its minimal transaction costs and exceptional speed. Transactions are often finished in just seconds, while fees can be as little as 0.00001 XRP, which is almost nothing compared to systems like SWIFT that may charge between $35 and $50 for international transactions.

2025: The Year for XRP DeFi Boom

2024 saw a significant shift in the XRP Ledger, making it a pivotal moment. Now, XRP owners have access to tools that allow them to earn passive income. Demanincor posits that 2025 could be an ideal time for the XRP community to delve into Decentralized Finance (DeFi) prospects. If they do, they might enjoy the rewards stretching as far as 2030 and beyond.

As an analyst, I find it intriguing that delving into opportunities such as staking and liquidity provision could substantially elevate XRP’s influence within the cryptocurrency market. The dedicated and tenacious XRP community stands poised to contribute positively to the ecosystem while simultaneously fortifying its own standing.

Demanincor additionally noted that XRPL was a pioneer by incorporating decentralized exchange (DEX) functionality directly into its blockchain system, emphasizing its preparedness to take the lead in the Decentralized Finance (DeFi) sector. This historical aspect underscores the platform’s capacity to facilitate innovative financial tools that remain largely untapped by many.

DeFi’s Key Role in XRP’s Evolution

Brad Garlinghouse, CEO of Ripple, and other influential individuals consistently stress the role Decentralized Finance (DeFi) plays in determining XRP’s future. As per Garlinghouse, functionalities like decentralized exchanges (DEXs) are now active on the XRP Ledger Platform, mirroring the financial sector’s wider shift towards decentralization. A recent dinner with President Trump at Mar-a-Lago is viewed as a highly positive sign for XRP.

Brad Garlinghouse with President Trump

Monica Long, the president of Ripple, pointed out another development: The Ripple-supported digital currency known as RLUSD has now been incorporated into DeFi projects for institutions. This integration, along with XRP, strengthens the token’s role in contemporary finance, she emphasized.

Jazzi Cooper, a supporter of XRPL, emphasized to the community that Decentralized Finance (DeFi) has always been a key consideration in the design of XRP. He stated, “The XRP Ledger was built with DeFi capabilities from the beginning,” emphasizing the foundation upon which these advancements were established.

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2025-01-14 16:10