XRP Transactions Surge During London-New York Overlap Hours

XRP transactions have seen a significant shift in recent times, with 23.5% of all operations now occurring during the overlap between London and New York hours.

This represents a notable increase from just over a year ago, when this same time period accounted for only 14.3% of XRP transactions.

Evernorth attributes this change to the growing institutional involvement in XRP trading, which has become more systematic as a result.

The data also shows that there is an unusual peak in activity at 14:00 UTC, a time of day not previously seen before in XRP's transaction history.