XRP has been a constant in the crypto universe for quite some time, with praise for its application in cross-border payments and victory in court over the SEC. Yet even traditional tokens are not exempt from investor mood swings. As of now, XRP has dipped below $3, now selling at $3.10, a decline of 9.92%, though it recorded an astronomical 146.97% increase in day-to-day trading volume to more than $17.19 billion.

So what's going on? Yes, part of the decline can be attributed to profit-taking and market fluctuation, but there's another trend in play too: investors relocating capital into fresh opportunities, namely, into next-gen DeFi social platforms like DeSoc.