XRP Supply Tightens as ETF Interest Hits Record Highs

XRP is seeing a major supply squeeze as exchange traded products now hold 1.47 percent of all available tokens. This milestone arrives just as the market watches a critical Senate vote that could impact the future of the asset. Investors are paying close attention to these holdings as institutional interest continues to climb.

In other market news, Grayscale has officially moved away from the four year cycle theory for Bitcoin. Analysts at the firm suggest that traditional models tied to halving events may no longer fully explain current price patterns. This shift in perspective is causing many traders to rethink their long term strategies.

Security remains a top priority after three different DeFi protocols suffered attacks over the last day. These incidents resulted in a total loss of 35.56 million dollars. Users should remain cautious and double check the safety of any platforms they interact with while the industry works to patch these vulnerabilities.