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XRP Ledger activity has staged a sharp comeback, with payment volume surging 386% over the latest 24-hour period. The rebound brings daily payment volume to approximately 583.3 million XRP, suggesting that network activity is recovering rapidly after a particularly weak reading.
Payments volume in the normal range
According to XRP Ledger data, the current figure remains slightly below the 30-day average of roughly 638 million XRP. A 386% daily increase looks enormous primarily because activity rebounded from an unusually low base. Still, the recovery puts payment volume much closer to its recent normal range.
The one-year chart also shows how volatile this metric can be. XRP Ledger has repeatedly recorded daily payment volumes above one billion XRP, with several spikes exceeding two billion. The all-time high stands near seven billion XRP. Consequently, the latest 583 million reading does not represent an exceptional level historically, but the speed of the rebound is notable.
The next question is whether the recovery can persist. A sustained move above the 638 million 30-day average would provide stronger evidence that transactional activity is accelerating rather than simply normalizing after a weak session. Returning above one billion XRP would make the change considerably more significant.
Meanwhile, XRP's price is holding relatively firm at approximately $1.51. The asset continues consolidating following September's breakout, when it surged from around $1.30 toward $1.60. Recent price action has formed a relatively narrow range around $1.48–$1.53, despite several failed attempts to resume the rally.
XRP is in comfort zone
Technically, XRP is doing just fine. XRP trades above its rising short-term moving average around $1.45 and comfortably above the major longer-term averages concentrated around $1.35–$1.40. RSI remains in neutral-to-bullish territory rather than signaling an overheated market.
For another expansion, XRP needs to reclaim approximately $1.55 before challenging the major $1.60–$1.65 resistance region. Conversely, losing $1.45 would materially weaken the current setup.
The 386% payment-volume recovery therefore adds a positive on-chain signal, but one day does not establish a trend. Sustained volumes above the 30-day average would provide much stronger confirmation that XRP Ledger activity is genuinely gaining pace.
Arman Shirinyan
Dan Burgin
