maartunn
XRP Ledger: Velocity is rising, approaching the trendline.
The concept of "velocity" in the context of a cryptocurrency (like XRP) refers to the rate at which the asset circulates within its network. Essentially, it measures how often a unit of currency (in this case, XRP) is used for transactions over a specific period. Velocity = Market Cap / Transaction Volume An increase of velocity indicates more frequent usage of the network. This is happening at XRP Ledger at this moment, and it might break the trendline.