Looking closely at Ripple's recent achievements, most are still focused on the B-end domain, with relatively limited C-end layout. The emergence of Doppler Finance precisely fills this gap. Through the new revenue channels provided by Doppler Finance, users' XRP will no longer be forced to remain idle due to "nowhere to go," but can actively seek interest-generating opportunities in CeFi and DeFi domains - thus, the ecosystem value of XRP worth hundreds of billions of dollars will be "awakened," thereby thoroughly activating XRP's ecosystem vitality.
Doppler Finance: The first ultimate yield platform focused on XRP
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Looking back at the performance of major cryptocurrencies in this cycle, although many might impressionistically believe this market trend is BTC's "solo performance", in fact, a few tokens have outperformed BTC - Ripple (XRP) is the best representative.
Calculating from the bottom price of $0.287 in June 2022, XRP once surged to $3.4, with a maximum increase of about 1085% in this cycle; as of writing, XRP has fallen back to around $2.1 due to overall market correction, but still maintains over 630% growth from the cycle's low point. **In a situation where other Altcoins are performing poorly, XRP's strong performance has helped it return to the Top 3 of cryptocurrency market capitalization rankings. By fully diluted valuation (FDV), XRP has even temporarily surpassed ETH, momentarily becoming the second-largest cryptocurrency after BTC.**
[The rest of the translation follows the same professional and accurate approach, maintaining the original meaning while translating to English.]
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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