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XRP Payments Spike to 1.346 Million in 24 Hours: Rally Not Stopping - U.Today
Ledger still moving
Two essential components of XRP are the number of payments and transactions. They do not represent conjecture but actual settlement activity. Together with the increase in payments, the network’s overall transactions increased to 2.57 million, significantly exceeding its short-term baseline. Together these metrics show throughput demand rather than random wallet shuffling
Usage stays up
Context is important, but price action appears to be heavy. While fundamentals are printing higher highs, XRP is trading close to its lower range. That is not failure, but compression. As on-chain activity increases and an asset absorbs selling pressure without collapsing, this usually precedes resolution upward rather than breakdown.
Over the past few weeks, payments and transactions have been trending upward; the most recent increase merely confirms rather than creates momentum. Instead of retail noise, that kind of consistent growth points to institutional or enterprise flows. The key lesson for investors is simple. Technical levels are still significant, particularly in the $1.90-$2.00 range, and short-term volatility may continue.
However, it gets more difficult to defend betting on a complete rally stoppage as long as network activity keeps exceeding previously capped levels. To confirm its trend, XRP does not require a quick vertical move. Under the surface, it needs confirmation — which it already has.
Because of this, XRP is in a situation that many other assets are not in at the moment: the price is uncertain, but the network is. Continuation is preferable to collapse if this divergence is resolved in the typical manner.