300% XRP Ledger Surge: What's Going On?

300% XRP Ledger Surge: What's Going On?

Source: UToday

Published:2026-02-02 15:01

BTC Price:$77834

#XRP #Bearish #Volatility

Analysis

Price Impact

High

A 300% surge in xrp ledger activity and transaction volume is a significant event. however, the analysis suggests that during a sharp price downturn, such spikes often indicate redistribution, panic selling, or repositioning by large holders rather than organic accumulation, leading to increased short-term volatility and potential further downside.

Trustworthiness

High

The analysis is well-reasoned, combining on-chain data with technical price action. it provides a cautious, nuanced interpretation of the conflicting signals, which is typical of expert analysis.

Price Direction

Bearish

Despite the on-chain activity surge, xrp is explicitly stated to be in a strong downtrend, having lost key support zones and trading with lower highs and lower lows. the increased ledger usage is interpreted as a sign of selling pressure and fund repositioning, not immediate price recovery, suggesting continued downside.

Time Effect

Short

The article focuses on immediate price trends, current market conditions, and the short-term interpretation of the volume spike. it warns of elevated volatility in the immediate future.

Original Article:

Article Content:

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 XRP pushed down Transaciton volume spikes Advertisement Price action and on-chain metrics are giving investors conflicting signals as XRP navigates one of its most turbulent periods in recent months. The XRP Ledger itself has seen a sharp increase in activity, raising serious concerns about what is actually going on behind the scenes as market participants watch XRP struggle under intense selling pressure . Advertisement XRP pushed down After losing important support zones that served as buyer safety nets, XRP is still trending downward on the price chart. The asset recently slipped below major moving averages, confirming that bears still dominate market structure. Every attempt at recovery has been swiftly turned down, creating a series of lower highs and lower lows - a classic downtrend. XRP is in a risky technical position because current price levels are close to areas not seen since the beginning of the previous market cycle. XRP/USDT Chart by TradingView Data from the XRP Ledger indicates a sharp rise in network activity at the same time. Payment volume between accounts surged by roughly 300% in the last 24 hours, while the number of transactions processed on the network also climbed significantly. On the surface, rising network usage might appear bullish, signaling growing adoption or increased demand. HOT Stories Morning Crypto Report: Binance Suddenly Unlocks One Trillion Shiba Inu (SHIB), Bitcoin Whitepaper Name Admits and Denies Epstein Links, $2.36 Billion Satoshi-Era Bitcoin Whale Gets in Trouble With Ethereum Crypto Market Review: XRP in Deep $1 Waters, Shiba Inu (SHIB) — Worst Price Nosedive of 2026, Is Bitcoin (BTC) in Danger of Hitting $50,000? Strategy's Saylor Hints at Fresh Bitcoin Buy Amid Investor Ridicule Shiba Inu Buyers Step In, Peter Brandt Reveals Bitcoin Price Rebound Target, Ripple Exec Confirms XRP as Priority — Top Weekly Crypto News Transaciton volume spikes Increases in transaction volume during sharp market downturns frequently indicate exchange transfers' redistribution or the repositioning of funds by large holders rather than true accumulation. Spikes in on-chain activity often indicate panic-selling, rearranging liquidity or getting ready for more volatility when prices are dropping quickly. For investors this presents a difficult situation. Advertisement Price recovery is not assured by increased network activity alone, particularly when technical momentum is still very negative. If selling pressure continues XRP could still face additional downside despite increased ledger usage. What investors should anticipate now is elevated volatility. If payment volume growth begins to coincide with price stabilization and stronger support formation, sentiment could improve. However, on-chain spikes should be interpreted cautiously as long as XRP is still clearly in a downtrend. #XRP #XRP Price Analysis