Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
XRP on-chain reserves continue to decline, with over 70% of traders betting on regulatory clarity
【Crypto World】Although XRP is expected to decline by 12% this year, on-chain data reveals interesting signals. The unlocking of $1 billion in custodial funds sounds like significant pressure, but the key point is that the exchange reserves of XRP are continuously decreasing — in Q4 alone, 300 million tokens were reduced, and from the beginning of the year until now, the amount dropped from 3 billion XRP to 2.6 billion. This suggests the market is gradually accumulating. Technically, XRP has been trading around the $1.80 level for several weeks. During the sideways period, over 70% of perpetual contracts are long positions, indicating traders are betting on a rebound once regulatory clarity is achieved. So rather than XRP collapsing, it’s more like the market is gathering strength at a low level.