XRP on-chain activity hits record levels: Daily transactions exceed 1 billion coins, can the surge in liquidity drive up prices?

Question

[Coin World] Recently, XRP&#39;s on-chain transaction activity has been exceptionally hot. Daily payment volume has broken through 1 billion coins, and there was even a short-term rise of 1000% at one point—this number is indeed eye-catching. The driving force behind this is clear: the launch of the Spot ETF has brought in a large amount of new funds, representing a structural demand growth of real money. This is completely different from the past purely speculative hype.However, to be honest, the price of XRP is still hovering in the correction range and is far from its peak. But this signal cannot be ignored — historical data shows that such a significant rise in volume is usually accompanied by a subsequent rapid rebound. The key lies in whether it can hold important support levels. Once it breaks down, under the dual drive of sufficient liquidity and continuous warming of trading demand, XRP is likely to experience a sharp fluctuation. Whether it goes up or down depends on the performance in the next few days.

WhaleWatcher · Accepted Answer

1 billion coins daily volume sounds impressive, but the current price is still struggling to find a bottom... That’s awkward, haha.

If the support level breaks, then it will be interesting. Otherwise, what’s there to talk about now?

ETFs have indeed brought some real money, which is more reliable than pure speculation, but whether XRP can break through this wave is still uncertain.

Let’s wait and see how it goes next; anyway, I’m holding coins and watching the changes.

HallucinationGrower · Answer

1 billion tokens traded in a single day? This data is really impressive, but the demand for the ETF launch is indeed real, this time it&#39;s different...

If the support level can&#39;t hold, then we&#39;ll just have to watch the excitement, who knows what XRP will do next.

PonziDetector · Answer

Hmm... A trading volume of 1 billion pieces is really scary, but is it still in a pullback? Wait, isn&#39;t this the pattern I fear the most?

ForkTrooper · Answer

1 billion in volume is really impressive, but the price is still lying there, which is a bit awkward.

The ETF getting on board is indeed real demand, unlike the pure speculation before, I believe that.

The key is to hold the support level; once it collapses, it&#39;s game over.

The next few days will be the verification period, waiting for the rebound.

RektDetective · Answer

A trading volume of 1 billion coins sounds impressive, but can it really support the market? I think we are still in a wait-and-see state, observing whether the support level holds.

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The ETF launch did indeed suck some blood, but this pullback of XRP feels a bit strange, so be careful.

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1000% increase? I didn&#39;t see that, instead, it&#39;s all red now, got played for a sucker again.

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To put it bluntly, it&#39;s just waiting; if Liquidity is sufficient, it can fly, if not, it continues to fall, still the same old script.

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If the support level collapses, I&#39;ll be eating dirt directly; this time I&#39;ve really bet my capital.

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Structural demand sounds good, but I trust the exchange&#39;s dumping more, haha.

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In the next few days, let&#39;s see if XRP faces the music; I bet it continues to consolidate.

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What’s the point of high activity levels? Price is the real truth, and it&#39;s not looking good right now.

FUDwatcher · Answer

1 billion volume sounds impressive, but the price is still in a pullback, it&#39;s a bit inflated.