Is XRP ‘way overvalued’ to buy right now?
XRP’s market cap is 2,200x greater than its total value locked on XRPL, signaling heavy upside speculation among traders.
Key takeaways:
XRP’s $190 billion market cap far outpaces XRPL’s onchain activity, trading at 2,200x its TVL.
Bearish RSI divergence hints at a possible drop toward $2.32.