XRP Payments Fall 77% as Price Eyes End to Rally
Analysis
Price Impact
MedA 77% drop in payment volume suggests a significant decrease in network activity and potentially reduced demand for xrp for transactions. this could signal weakening investor interest and fewer active users, which can affect price.
Trustworthiness
MedPrice Direction
NeutralThe article mentions xrp's price has halted its rally and is trading flat. while the drop in payment volume is bearish, the price hasn't collapsed, indicating some support or indecision in the market. it's currently not showing a clear direction.
Time Effect
ShortThe payment volume drop is reported over the last 24 hours, and the price action mentioned is also recent. this suggests a short-term effect on market sentiment and potential immediate price movement, rather than a long-term trend shift based on this data alone.
Original Article:
Article Content:
Cover image via U.Today XRP payment volume drops to 86 million XRP halts rally Advertisement The crypto market is showing mixed price action, and XRP has suddenly flipped negative, fueling a downturn in its on-chain activity. While momentum appears to be weak, XRP has seen a notable decline in its payment volume on XRP Ledger, sparking concerns among investors. XRP payment volume drops to 86 million Data from XRPSCAN shows that the XRP on-chain payment volume has plunged significantly by about 77% over the last 24 hours. HOT Stories Midnight (NIGHT) 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 saw XRP only record about 86 million payments from one account to another on XRP Ledger as of Saturday, April 11. Advertisement You Might Also Like Sat, 04/11/2026 - 06:24 XRP Reclaims Crucial Bollinger Bands Support: Why $1.35 Breakout Is Bullish Signal for This Weekend By Gamza Khanzadaev 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. Advertisement 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. #XRP #XRP Price Prediction #XRP Price Analysis