XRP Ledger Payment Surge Masks Broader Market Uncertainty
The XRP Ledger has experienced a significant surge in payment activity, with a 26% increase to 462.9 million XRP over the past 24 hours.
This growth is driven by larger transfers rather than broad user expansion, as active users fell 22.4% to 151,500, despite newly created accounts rising 8.8% to 2,300 and transaction fees climbing 8.5% to 277.4 XRP.
The price of XRP has cooled to $1.34 after failing to hold above the $1.40, $1.45 zone, with RSI indicators showing neutral momentum.