XRP social sentiment has dropped to a three-month low according to Santiment data reported by CoinDesk, while the XRP Ledger recorded 49,929 daily active addresses, the highest level in over two months. The asset is currently trading below $1.00, highlighting a disconnect between declining market sentiment and strong network participation. Prediction markets have reduced the odds of XRP reaching $3.00 in August, reflecting cautious market expectations. This divergence suggests a challenging environment where increased on-chain activity may not be enough to offset negative social sentiment.
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