XRP Ranks Among Top 5 Most Profitable Assets Despite Price Slump!

The post XRP Ranks Among Top 5 Most Profitable Assets Despite Price Slump! appeared first on Coinpedia Fintech News

Despite its recent price struggles, XRP, the digital asset associated with Ripple, remains among the top 5 mainstream assets with the highest profitability. According to a report from analytics platform Santiment, XRP has retained its position despite failing to breach the $0.5 level for over two months.

The report indicates that despite XRP’s stagnant price movements, most of its circulating supply is currently trading at a profit. This resilience is notable, given the concerns surrounding XRP’s inability to surpass the $0.5 mark, leading to stablecoin teases.

Santiment’s analysis focuses on its “Supply in Profit” metric, which compares the current value of a token to its initial value when it first appeared on the blockchain. This metric aims to determine whether a token is currently in profit or loss.