Significant Growth in Network Usage
Recent data shows that the daily successful transaction volume on the XRP Ledger has increased by approximately 40%, reaching nearly 2.5 million. This indicates a rapid rise in real-world demand for the network.
Price Lags Behind On-Chain Activity
Despite the growing on-chain activity, the XRP price remains below key moving averages, suggesting that the market may not have fully priced in the positive momentum from the network's increasing usage.
Industry Insights and Future Outlook
Industry analysts note that the surge in transaction volume could signal expanding adoption of XRP in cross-border payments and financial infrastructure. Market participants are closely watching whether prices will eventually align with the strengthening on-chain metrics.