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Crypto

XRP Ledger Payment Volume Surges Past 1 Billion XRP

Guavy AI Editorial Team
Instruments
XRP
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The XRP Ledger has seen a significant surge in payment volume, exceeding 1.13 billion XRP in a single day. This represents more than double the recent daily levels and indicates increased on-chain activity from large holders or organizations.

This increased ledger activity suggests real blockchain use rather than speculative trading, which is a positive sign for the cryptocurrency's long-term prospects. However, XRP's price has not yet responded positively to this development, trading below key moving averages and showing neutral momentum.

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