$XRP shows enough resilience to continue moving upward during crypto market-wide correction on other assets
is no exception. It recently experienced a minor price correction of 2%. This drop, while not significant in the larger scheme of things, served as a reminder of the inherent volatility of the cryptocurrency market.
This increase has been fueled by gateway apps, which are often the first point of interaction within an ecosystem. These apps play an instrumental role in onboarding users and maintaining their engagement. Over the past year, the nature of gateway apps on Solana has evolved from DeFi to gaming to NFT markets, and now a mix of all.
While Solana's long-term user retention is currently lagging behind its competitors, its short-term retention is second only to Arbitrum. This high short-term retention has been fueled by the increased activity on these unique consumer apps in recent months. However, the long-term user retention of these apps is yet to be determined.
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