XRP
Why XRP is down 1.4% in the last hour
Analysis
XRP slipped 1.4% over the past hour as traders digested mixed headlines around access and utility. The Block reported that SoFi added XRP deposits, but user criticism over the lack of external wallet transfers may have dampened sentiment by limiting perceived flexibility for holders.
Contributing Factors (2)
SoFi adds XRP deposits but users criticize lack of external wallet transfers
According to SoFi's support page, the crypto platform does not permit XR transfers to outside wallets.
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Move Details
Explanation Confidence
Moderate confidence. Multiple factors may be contributing.