Mike Fay Says XRP Price Is Driven By ETFs, Not Network Usage

XRP price is being supported mainly by exchange-traded funds and investor inflows rather than growth in network usage. That assessment comes from a recent analysis by Mike Fay, a contributor to Seeking Alpha. ETF Demand Offsets Slowing Network Activity Mike Fay’s analysis points to ETF demand as a major factor supporting XRP’s valuation. Notably, spot […] Read The Full Article Mike Fay Says XRP Price Is Driven By ETFs, Not Network Usage On Coin Edition.