XRP Liquidity Wey Lock for XRPL AMM Don Drop to 11.7M Amid DeFi Slowdown
For recent DeFi mata, XRP liquidity wey dey locked for XRPL AMM pools don reduce reach 11.73 million XRP, na level wey dem never see since November 2024. According to XRPSCAN, dis downtrend follow ol' peak wey pass 14 million XRP four months ago, e mean say investors no too sure about XRP DeFi use case again. Even though total value locked (TVL) for XRPL still steady for $99.47 million, DefiLlama data show say XRPL DEX TVL wey be $80 million drop by 1.65% this week. Meanwhile, stablecoin liquidity for XRPL don climb 2.2% reach market cap wey be $168.08 million. This decline for XRP liquidity, plus price dey waka up and down plus struggle to hold $3 support level, show say liquidity providers dey cautious. Active XRPL trading pairs dey 19,953 with 22,053 pools. This trend fit mean say short-term bearish sentiment dey for XRP liquidity and price momentum.
Bearish
The decline wey dey for XRP liquidity wey dem lock for XRPL AMM pools reach one year low mean say investors no too believe for XRP’s DeFi ecosystem again. Past times, similar drops for locked liquidity—like for late 2023 market corrections—dem dey come before price drop and small trading volumes. The wahala to hold the $3 support level still show say bearish pressure dey. For short term, less liquidity fit make slippage high and discourage arbitrage, wey go worsen price swings. But the stable TVL overall and the increase for stablecoin liquidity dey show say DeFi activity for XRPL get one kind floor. For longterm, if liquidity providers fit get confidence back, locked liquidity fit bounce back, but the current data dey show say XRP liquidity and price momentum dey for bearish market phase.