Despite price consolidation, XRP network activity continues to surge, with daily payment volume reaching 1.346 million transactions and total transaction volume hitting 2.57 million, significantly above recent baseline levels. This divergence phenomenon, where on-chain activity hits new highs while price remains under technical pressure, historically indicates that the market is in a continuation phase rather than a top. The sustained growth in on-chain activity suggests strong market demand, and even though XRP is currently near the lower end of its trading range, it indicates that this rally has not yet ended.
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Despite price consolidation, XRP network activity continues to surge, with daily payment volume reaching 1.346 million transactions and total transaction volume hitting 2.57 million, significantly above recent baseline levels. This divergence phenomenon, where on-chain activity hits new highs while price remains under technical pressure, historically indicates that the market is in a continuation phase rather than a top. The sustained growth in on-chain activity suggests strong market demand, and even though XRP is currently near the lower end of its trading range, it indicates that this rally has not yet ended.