XRP hit a major milestone by processing over 1.5 million payments in 24 hours, breaking its four-month network activity record. Despite this surge in usage, the cryptocurrency's price continues falling.
XRP (Ripple) Network Activity Hits New High
XRP's network just had its biggest day in four months. On June 21, the XRP Ledger processed more than 1.5 million transactions - the highest since early 2025. This shows people are actually using XRP for real payments, not just trading it.
When more people use a cryptocurrency's network, it usually means the price will go up eventually. That's because real usage creates actual demand. So even though XRP's price looks bad right now, this network activity could be setting up for better times ahead.
XRP (Ripple) Price Action Looks Bearish
The charts tell a different story though. XRP just broke out of a triangle pattern it had been stuck in for weeks - but in the wrong direction. It also dropped below its 200-day moving average, which is never a good sign. When that happens, it usually means more selling is coming.
The RSI indicator dropped below 40 too, showing sellers are in control. With not much support below current levels, XRP could fall further if it doesn't bounce back soon. The technical picture is pretty ugly right now.

The Big Picture for XRP (Ripple)
Here's what's weird about XRP right now: the network is doing great, but the price isn't. This happens sometimes in crypto - fundamentals and price don't always match up in the short term.
The price is reacting to whatever traders are doing today, while the network growth is about long-term value. If these payment numbers keep growing, XRP might find its footing and start climbing again. But expect plenty of ups and downs along the way.
For people holding XRP for the long haul, this network activity boost could be really important. It shows XRP is actually being used as intended - for moving money around the world. That kind of real-world adoption is what ultimately drives prices higher, even if it takes time to show up in the charts.