The concept of "velocity" in the context of a cryptocurrency (like XRP) refers to the rate at which the asset circulates within its network. Essentially, it measures how often a unit of currency (in this case, XRP) is used for transactions over a specific period.
Velocity = Market Cap / Transaction Volume
An increase of velocity indicates more frequent usage of the network. This is happening at XRP Ledger at this moment, and it might break the trendline.
Written by maartunn
