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Cryptocurrency platform
The XRP Ledger (XRPL), also called the Ripple Protocol, is a cryptocurrency platform launched in 2012 by Ripple Labs. The XRPL employs the native cryptocurrency known as XRP, and supports tokens, cryptocurrency or other units of value such as frequent flyer miles or mobile minutes.
More on Wikipedia ↗XRP declined following Evernorth's Nasdaq debut due to lack of immediate spot inflows.Aggressive bullish derivatives positioning triggered leveraged long unwinding and selling pressure.Macro caution, firm Treasury yields, and neutral technical indicators constrained risk appetite.