The crypto market’s doing a mood swing, darling: XRP‘s suddenly gone negative, and on-chain activity is basically sulking in the corner.
Momentum’s wearing slippers, not exactly sprinting. XRP has seen a notable decline in its payment volume on the XRP Ledger, which has investors clutching their popcorn and squinting at the charts.
XRP payment volume drops to 86 million
XRPSCAN tells a story: XRP’s on-chain payment volume has plunged by about 77% over the last 24 hours-yes, 77%. A number so dramatic it could double as a cliffhanger.
Midnight Open Interest 100% Spike Could Be Followed; Ethereum‘s (ETH) Only Possibility to Reach $3,000, XRP to Face Crucial Resistance Next Week: Crypto Market Review
XRP Liquidity Fails To Recover After Massive October Crash
The metric shows XRP recorded about 86 million payments from one account to another on XRP Ledger as of Saturday, April 11. A tiny figure, really, when the ledger’s supposed to be a bustling pub at closing time.
The decrease marks the lowest level the XRP payment volume has reached in the last seven days, signaling fading momentum as XRP continues to trade below $1.35.
Considering its weak price move, the plunge in the XRP payment volume has attracted the attention of market watchers, as network weaknesses like this could be flashing a bearish price signal.
XRP halts rally
The 77% decline in the XRP payment volume is more concerning as it has been accompanied by a sudden switch in investors’ sentiment, which saw XRP’s price turn flat in mere minutes.
Earlier today, XRP was trading in the green territory with a decent price increase around 1%. However, it appears to have suspended its recovery attempt, nearly flipping back to the downside with a flat price move of 0.1% over the last 24 hours.
As XRP shows no promising price move, the declined payment volume has further sparked fear among investors, suggesting that another volatility session might be imminent.
Read More
- Brent Oil Forecast
- Gold Rate Forecast
- Stablecoins: The New Corporate Opium or Financial Revolution?
- POWER’s 90% Crash: The Crypto Tale You Won’t Believe
- How the SEC and Nasdaq Play Whack-a-Mole with Chinese IPO Scandals 🎭💼
- Silver Rate Forecast
- PENGU’s Wild Ride: Will This Memecoin Defy Fate and Multiply By 4X?
- Ripple’s $173M XRP Move, Shiba Inu’s Sell-Off, & Bitcoin’s Broken Cycle 🚨
- 🚀ETHZilla Devours Zippy: A Blockchain Odyssey of Mortgages & Meltdowns!
- Shiba Inu Coin Rebound? Whales Are Buying, and So Are You – Here’s Why!
2026-04-11 18:02