⬤ XRP saw a dramatic uptick in network usage recently, with payment volume jumping more than 200% even though the token's price barely moved. On-chain data shows November 14 hit the month's peak activity at 2.56 billion units—the busiest single day in weeks. This kind of surge without price movement has people watching closely.
⬤ The mismatch between climbing liquidity and stable pricing is what's catching eyes. Payment volumes built steadily through late October and early November before shooting up sharply. Yet XRP's price just sat there, hardly budging on the charts. Some analysts see this as a classic accumulation pattern, similar to what happened back in 2017 before major price moves.
⬤ What makes the November 14 spike stand out is how it capped off weeks of gradually increasing transaction activity. The XRP ledger clearly handled a lot more traffic than usual, suggesting real expansion in network use rather than just random noise. All that liquidity flowing through the system while markets stay quiet tells its own story.
⬤ When transaction volume rises without triggering price swings, it usually means something's brewing underneath the surface. These quiet buildups of network strength often precede bigger shifts in market sentiment. As XRP's on-chain activity keeps climbing, the gap between what's happening behind the scenes and what traders see on price charts could become increasingly important.
Marina Lyubimova
Marina Lyubimova