XRP Not Following Metcalfe's Law, But Why?

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https://eng.ambcrypto.com/xrp-eth-and-other-altcoins-show-surprising-deviation-from-metcalfes-law/

https://eng.ambcrypto.com/xrp-usdc-and-xrp-usdt-margin-trading-pairs-added-on-poloniex/

https://dailyhodl.com/2019/08/08/institutional-investors-fueling-bitcoins-2019-bull-run-in-coinshares-report/