XRP tests $2 support as $1.3B exits exchanges; network fees and TVL plunge

XRP is under pressure at the $2 level after twice losing that support since the October sell-off. $1.3 billion in tokens moved off exchanges over the past month. Institutional ETF holdings have reached $945.49 million. Daily on-chain fees have dropped 89% and XRPL TVL has fallen to $70 million, pointing to weak network usage and a speculative tilt to recent accumulation.