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XRP Price Prediction: XRP Enters Cooling Phase Following November Leverage Surge
TL;DR:
XRP continues to trade within a defined consolidation range after a strong rally earlier in the cycle. The token surged sharply from the $1.
Key Points:
Background:
Decentralized Finance (DeFi) refers to financial services built on blockchain networks that operate without traditional intermediaries like banks. DeFi protocols enable lending, borrowing, trading, and earning yield on cryptocurrency assets through smart contracts.
Why It Matters:
DeFi represents a fundamental reimagining of the financial system, offering permissionless access to financial services globally. DeFi developments impact how value is exchanged, stored, and utilized in the crypto ecosystem, driving innovation in financial products and services.