Analyst Sees XRP Price Surge as DeFi Usage Skyrockets

Crypto analyst Ripple Bull Winkle predicts a significant price jump for XRP, citing new on-chain activity tied to the Flare Network. The analyst suggests this activity fundamentally alters XRP’s supply dynamics and could trigger near-term price movements. According to Winkle, approximately 70% of bridged XRP is actively used in DeFi protocols, suggesting a significant shift in XRP’s utility and liquidity profile. This active deployment of XRP tokens into decentralized finance contracts removes them from the immediate exchange market, potentially increasing price sensitivity to demand.