⬤ XRP just saw one of its biggest network activity spikes in months. On-chain payment volume exploded 200% in a single day, hitting roughly 2.56 billion units on November 14—well above typical daily levels. Despite the surge, XRP's price barely moved and stayed stuck below key moving averages, creating an unusual gap between what's happening on the network and what's showing up in the charts.
⬤ The data shows relatively calm payment activity through late October and early November before the sudden breakout. This disconnect—high transaction volume with flat price action—has caught analysts' attention. Some believe it could signal quiet accumulation by larger players who are positioning while retail interest stays low, though that remains speculative for now.
⬤ What's clear from the chart is that transaction volume surged independently of price. XRP held steady throughout the spike, meaning the jump in ledger activity wasn't driven by a rally or panic selling—it was pure network usage. This kind of behavior can sometimes hint at shifting liquidity or growing interest beneath the surface.
⬤ The 200% volume increase is significant because sudden spikes in on-chain activity can foreshadow broader market moves. When payment flows jump while price stays pinned down, it often means something's brewing behind the scenes. For now, XRP is squarely on analysts' radar as they watch to see if this unusual pattern develops into a bigger trend.
Saad Ullah
Saad Ullah