🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
Share trending topic posts, and split $5,000 in prizes! 🎁
👉 Check details & join: https://www.gate.com/campaigns/1953
💝 New users: Post for the first time and complete the interaction tasks to share $600 newcomer pool!
🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
Narrative fatigue: Lack of "breakthrough-level" innovation. The 2021 altcoin bull run relied on narratives like Decentralized Finance, NFT, and GameFi, but this cycle has yet to see new stories of the same magnitude. AI + Blockchain, although heavily hyped, has limited practical applications and remains more in the conceptual stage. The proliferation of meme coins is rampant; among the 870,000 meme coins on the Solana blockchain, 97% survive for less than 30 days, with rapid capital consumption and liquidity depletion. The growth rate of the Ethereum and Solana ecosystems is slowing down, lacking disruptive upgrades, making it difficult to support valuation expansion.