XRP Ledger Surpasses 1.2 Million Daily Transactions — A New Benchmark for On-Chain Activity

In a major development for Ripple’s blockchain infrastructure, the XRP Ledger has processed over 1.2 million payments within a 24-hour period. This transaction volume is the highest recorded in months, underscoring increased activity, utility, and confidence in the XRP ecosystem.

Such a spike is not just a technical stat—it reflects real usage and demand. As Ripple continues to expand its cross-border payment services, this milestone serves as a strong indicator of the network’s health and growing relevance in global finance.

Price Movement and Technical Setup:

Despite the surge in transaction volume, XRP’s price remains within a tight consolidation zone, bouncing between support at $2.09 and resistance near $2.27. Following a failed breakout attempt at the upper trendline, the asset has pulled back toward the 100-day Exponential Moving Average (EMA)—a crucial level that often signals long-term market direction.

The Relative Strength Index (RSI) is currently around 44, a neutral zone that provides room for a possible bullish reversal if sentiment improves.

On-Chain Growth vs. Market Price:

This milestone suggests that XRP’s real-world usage is rising, even if its price hasn’t yet followed. On-chain data often acts as a leading indicator, with price action catching up once investor sentiment shifts.

If the network continues to process transactions at this scale, XRP could benefit from a market revaluation in the near future. Sustained utility and active participation may lay the groundwork for long-term upward momentum.

Conclusion:

The XRP Ledger’s 1.2 million daily transaction milestone is a strong signal of organic network growth. While short-term price action remains cautious, on-chain fundamentals paint a bullish long-term picture. If these transaction levels persist, they could serve as the foundation for a future breakout in XRP’s market value.