Peter Smith
XRP (Ripple) just hit a massive milestone with over 1.2 million payments processed in 24 hours - the highest we've seen in months. But despite this impressive network activity, XRP's price is still trapped between $2.09 and $2.27.
The XRP Ledger crushing 1.2 million payments in a single day isn't just another number to brag about. This kind of transaction volume hasn't happened in months, and it shows that people are actually using XRP for real payments, not just trading it. It's exactly what Ripple has been pushing for - making XRP the go-to choice for moving money across borders quickly and cheaply.
When you see this level of network activity, it usually means something bigger is coming. High transaction volumes don't lie - they show the network is healthy and people are actively using it. For XRP, which was built to be a bridge currency for international payments, this kind of usage is pure gold. It proves the tech works and people trust it with their money.
XRP (Ripple) Price Caught in Technical Squeeze
Looking at the charts, XRP is basically stuck in a box right now. The price keeps bouncing between support at $2.09 and resistance around $2.27, forming what traders call a symmetrical triangle. After trying and failing to break higher recently, XRP pulled back to test the 100 EMA - a key level that'll probably decide where it goes next.
The technical picture isn't terrible though. The RSI is sitting around 44, which means XRP isn't oversold and could bounce if the market mood improves. Sometimes the best setups happen when no one's paying attention.
XRP (Ripple) Usage Surge Could Trigger Price Breakout
Here's the thing about XRP right now - the network is firing on all cylinders while the price just sits there. This usually doesn't last forever. When usage explodes but prices stay flat, it often means the market hasn't caught up to reality yet.
But let's be real - nothing's guaranteed in crypto. XRP needs to actually break above that $2.27 resistance and hold above the key moving averages before anyone should get too excited. Until then, it's all just potential.
The 1.2 million payment milestone isn't a fluke though. It shows the XRP Ledger can handle serious volume when needed. If this becomes the new normal instead of a one-off spike, it could be the foundation for real price gains down the road. Sometimes the market takes time to recognize what's actually happening beneath the surface.
Peter Smith
