Oh, look who’s out of the club! XRP, once the darling of the crypto world, has officially dropped below the one billion daily payment volume threshold. Not only does this feel like a technical failure, it’s also a symbolic slap in the face. So, here’s the deal: XRP’s payment volume is now at 903 million XRP, and transactions have dropped to about 1.98 million. But hey, no biggie, right? 🧐
Oh, XRP… it’s like a bad relationship
Let’s just call it what it is. The on-chain activity? Declining. Since late October, it’s been a downhill slide. Total transfer volume? Down. Number of transactions? Down. Pretty much everything’s down-except maybe your hopes for a crypto miracle. This is what happens when you fall below that one billion mark: fewer transfers, less utility, and a whole lot of “why am I still holding this?” 😬
And let’s talk price. XRP is sitting pretty at $2.17, which, if we’re being honest, doesn’t exactly scream “success story.” It tried to break above $2.50 earlier this week, but that didn’t work out. Now it’s in a sharp decline. The 200-day EMA is laughing in its face like it’s a joke. The RSI is flirting with 35, which is like saying, “Hey, we might be oversold, but that doesn’t mean anyone cares.” 🙄
Downward Spiral: XRP’s on-chain activity
What’s coming next? Probably more of the same. The fundamentals? They’re tanking. The selling pressure? It’s here to stay. The only way this ship turns around is if XRP can somehow crawl back above that sweet billion-dollar payment volume mark. And let’s be real: that doesn’t seem to be happening anytime soon. The decline in on-chain activity also raises a little red flag about institutional use-remember when XRP was supposed to be their go-to? Yeah, me neither.
So, even though XRP is still one of the more well-known digital assets out there, let’s not kid ourselves. Its trajectory? Flatline. Investors, you might want to brace yourself for more of the same: sideways movement, downwards movement, and maybe-just maybe-an actual recovery if payment volumes miraculously get back to their former glory. But, until then, don’t hold your breath. 😬
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2025-11-08 06:27