XRP Ledger Payment Volume Jumps 26% to 462.9 Million XRP
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XRP Ledger payment volume climbed 26% to 462.9 million XRP over a recent period, even as the network's active user count declined 22.4%. The divergence suggests larger or fewer transactions dominating volume while user engagement narrowed. Spot exchange-traded funds now hold 1.118 billion XRP collectively, with the top wallets controlling roughly 64% of the total supply - a concentration metric that persists despite the recent volume uptick.
- Payment volume and active users moved in opposite directions, pointing to larger average transaction sizes rather than growing adoption.
- Major XRP holders, including spot ETFs, remain highly concentrated, with top wallets controlling about two-thirds of circulating supply.
- Token price held steady near $1.34 during the period, showing no dramatic reaction to the volume spike.
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XRP Ledger Payment Volume Jumps 26% to 462.9 Million XRP
XRP Ledger payment volume rose 26% to 462.9M XRP while active users fell 22.4%. Spot ETFs hold 1.118B XRP as top wallets control 64.1% of supply.
XRP Ledger payment volume jumps 26% to $620 million amid falling user activity
🚀 XRP Ledger payment volume soars 26% to $620 million in 24 hours. 📉 While $XRP transfers climb, active users drop by 22.4%. 📊 Token price remains steady around $1.34 after previous rally peaks. 🧩 Surge in value may reflect larger payme…