What the TVL growth trajectory tells us: FXRP deployed in DeFi grew from 82M in February 2026 to 144M by July 2026 — a 75% increase in five months. The rate of growth slowed from July to September (144M → 145.2M — approximately 1% growth in two months). This slowdown is healthy: it reflects a maturing ecosystem where the initial adoption surge has passed and organic TVL growth is replacing launch incentives. 📊
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