+200,000 XRP Payments: Fundamental 30% Network Spike Spotted on XRP Ledger

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News One of the most intriguing on-chain moves of the last few weeks was recently reported by XRPScan : an abrupt 30% increase in daily payments, which pushed the network to more than 1,050,000 transactions in a single day. This raises the question of who is moving this much value and why, as it represents an increase of about 200,000 payments over the previous day. Advertisement Payments spike First, it is important to recognize that this spike did not occur during a significant price breakout. On the daily chart, XRP is still stuck inside a clear descending channel, with lower highs and lower lows defining the trend. The price fluctuated between $2.19 and $2.22, signaling hesitancy rather than conviction. The moving averages, particularly the 50-, 100- and 200-day, continue to slope downward, confirming the broader bearish structure, and volume remains muted. Source: XRPScan What does a sudden increase in payments mean when the price does not react? Large spikes in the number of payments on XRP Ledger have historically been driven by two kinds of activity: automated or institutional systems rebalancing liquidity routes, and bursts of retail-level activity tied to payment rails or bot systems testing throughput. HOT Stories Morning Crypto Report: Vitalik Buterin Issues Zcash (ZEC) Warning, XRP Teases 69% Price Rise, $100,000 BTC Is Real in 2025: Bollinger Bands Banned GPUs Help North Korea Expand Crypto Heists How Low Will Bitcoin Price Drop in 2025? Crypto Market Prediction: Can Ethereum Surge Toward $3,500 as Momentum Rebuilds? XRP's Bullish Reversal Targets $2, Dogecoin (DOGE) Eyes Fresh Upside Push You Might Also Like Sat, 11/29/2025 - 17:25 XRP Price Analysis for November 29 By Denys Serhiichuk Advertisement The most recent spike appears more like institutional routing or automated activity than natural investor engagement, given the lack of market impact. Neither spot volume nor futures positioning has increased in parallel. Funding rates are somewhat bullish, but there has not been enough growth in open interest to suggest aggressive speculation. From a market perspective, this matters because it shows that XRP’s underlying network continues to see real usage despite the price’s lack of direction. However, on its own, it does not signal a reversal. Until XRP can reclaim at least $2.33 and then break the downward trendline around $2.45, $2.50, the chart remains structurally bearish. #XRP #XRP Price Analysis