XRP Enters 'Rush Hour' as On-Chain Trading Surges
XRP has developed a clear 'rush hour' as on-chain trading surges 100%, according to analysts at Evernorth Japan, who studied data from the XRP Ledger (XRPL) via Dune Analytics. This phenomenon indicates that professional market participants are synchronizing their operations with the traditional interbank market.
The share of trading during these key hours has nearly doubled over the past year, with 23.5% of all weekday on-chain XRP trading volume now concentrated within a narrow three-hour window from 13:00 to 16:00 UTC. This is the period when London and New York working hours overlap, peak worldwide liquidity reaches its peak, and the global Forex market is most active.
Evernorth notes that this emergence of a pronounced 'rush hour' is direct evidence that major financial institutions have begun using the XRPL network on a large and systematic scale. The inflow of liquidity is distributed evenly across the blockchain's internal infrastructure, with growth recorded in traditional limit order books, automated market maker (AMM) pools, and cross-border payment gateways.