2,354,308 XRP in 24 Hours Shows Bullish Market Structure

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 Metrics take dive XRP Ledger's picture Advertisement Price action and on-chain fundamentals are clearly diverging on XRP, and this difference is more significant than short-term candles. Activity on the XRP Ledger is accelerating despite pressure on the market in general, and XRP's price is declining toward the lower end of its recent range. Metrics take dive More than 2.35 million transactions were completed on the XRP Ledger in the past day, and successful transaction metrics and payment counts have continued to be high. While payment volume exhibits recurring spikes rather than a structural decline, the number of payments between accounts has been steadily hovering around the upper end of its annual range. XRP/USDT Chart by TradingView A market getting ready for a decline typically does not have those kind of on-chain profiles. This is significant from the standpoint of market structure since price weakness caused by macro sentiment or ETF-related flows is typically transient when the underlying network activity is still robust. Instead of speculative noise, the ledger metrics for XRP indicate consistent real usage. HOT Stories XRP Hits ‘Extreme Fear’ After 19% Drop U.Today Crypto Review: Ethereum (ETH) Loses 30-Day Progress, Shiba Inu's (SHIB) End of Bears; Bitcoin's (BTC) Last Recovery Chance U.Today Crypto Digest: Strategy (MSTR) Buying Bitcoin Again, Bitmine Adds $108 Million Worth of Ethereum, XRP Price Flashes Major Warning XRP Price: Ripple CEO Predicts New All-Time Highs for Crypto Markets XRP Ledger's picture In addition to being frequent, transactions are consistently successful, indicating steady network demand as opposed to stress-induced churn. Technically, XRP's price is still below important moving averages, which restricts short-term upside acceleration. Nonetheless, it is a positive indication that activity did not collapse during this pullback. Advertisement You Might Also Like Thu, 01/22/2026 - 05:17 XRP Hits ‘Extreme Fear’ After 19% Drop By Alex Dovbnya In the past, when XRP's on-chain metrics remained high while the price declined, the outcome was not trend failure but rather consolidation followed by impulsive continuation. The payment's actual structure is another crucial element. Instead of transient arbitrage or wash activity, the consistent flow of account-to-account transfers suggests continuous utility-driven usage. Even if it does not result in immediate rallies, that type of demand usually forms a base under the price. The simple lesson for investors is that XRP's current weakness appears to be more of a corrective pause than a breakdown. The price is likely to first stabilize and then try to recover once broader market pressure subsides if transaction counts and payment volumes remain above historical averages. Advertisement To put it briefly, XRP is acting like a bullish asset trapped in a bearish market. The next course of action is more likely to be continuation than capitulation if that disconnect is resolved in favor of fundamentals. #XRP #XRP Price Analysis