XRP payments volume drops: on-chain daily payments fell from ~1B XRP at August peak to ~522M XRP by Aug. 21, weakening network utility and pressuring price support levels near $2.79 and $2.45; recovery requires renewed payment flows and a reclaim of $3 resistance. — COINOTAG
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XRP payments’ volume drops
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Network activity falls to ~522M XRP daily; on-chain momentum stalled.
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Price pressure near 100-day EMA at $2.79 with 200-day EMA support near $2.45.
Meta description: XRP payments volume drops: on-chain daily payments fell to ~522M XRP, pressuring price and support. Read COINOTAG analysis, levels, and recovery steps.
By COINOTAG — Published: 2025-08-22 — Updated: 2025-08-22
XRP is coming under increasing pressure following a substantial network volume decline. After a strong momentum run in July, on-chain activity has cooled and the asset has fallen below key technical and network thresholds, creating downside risk until payment volumes recover.
What is causing the XRP payments volume to drop?
The primary cause of the XRP payments volume drops is a sustained reduction in account-to-account transactions, which fell from daily peaks of ~1 billion XRP to about 522 million XRP on Aug. 21. Lower remittance flows and reduced on-chain transfers have diminished network utility and market confidence.
How does the on-chain data show this decline?
On-chain monitoring shows a clear reduction in daily payment counts and aggregated XRP moved. Earlier in August, daily account-to-account transfers regularly reached or exceeded one billion XRP. Recent snapshots show a decline to roughly 522 million XRP on Aug. 21, indicating a meaningful slowdown in payment throughput.
How is XRP market performance reacting to lower payment volumes?
XRP price is trading around $2.79, just above the 100-day EMA; loss of on-chain momentum has coincided with the break below a rising trendline and increased downside risk. If support at the 100-day EMA fails, the 200-day EMA near $2.45 is the next relevant technical floor.
Technicals show momentum indicators weakening. The rising trendline that had supported the July rally was breached, and short-term resistance sits near $3 per hour. Unless payment volumes climb back, market structure remains fragile.
What would signal stabilization or recovery?
Stabilization requires both on-chain and price signals: a return of payment volumes to the ~1B XRP range, recovery above the ascending trendline, and an hourly close above $3. Confirmation from improved transaction counts and higher average transaction sizes would support renewed bullish structure.
Market levels comparison
| Metric | Current | Key level | Role |
|---|---|---|---|
| Price | $2.79 | $3.00 | Immediate resistance |
| 100-day EMA | $2.79 | $2.79 | Short-term support |
| 200-day EMA | — | $2.45 | Major support |
| Daily payment volume | ~522M XRP | ~1B XRP | Target for network stability |
Why does payment volume affect price?
Payment volume is a proxy for real-world utility, such as remittances and institutional transfers that Ripple has advocated. Lower payments reduce transactional demand for on-chain settlement, weakening the narrative that supports higher valuations and creating downward pressure on price.
What do experts and on-chain providers say?
On-chain analytics providers such as Coin Metrics and Glassnode (mentioned as plain text) highlight transaction volume as a leading network health indicator. A COINOTAG analyst notes: “Sustained declines in payment throughput degrade utility and can accelerate re-pricing until inflows return.”
Frequently Asked Questions
How low did XRP payment volumes fall in August?
Payment volumes dropped from daily peaks near one billion XRP to approximately 522 million XRP on Aug. 21, reflecting a roughly 48% decline from the peak observed earlier in August.
Can XRP recover quickly if payments resume?
If payment volumes return to prior levels and price reclaims the $3 resistance, XRP could regain bullish momentum. Recovery will require sustained on-chain usage and confirmation above the breached trendline.
Key Takeaways
- On-chain decline: Daily XRP payments fell to ~522M XRP, down from ~1B at peak.
- Price pressure: XRP is near the 100-day EMA at $2.79; 200-day EMA around $2.45 is the next major support.
- Recovery trigger: Return of payment volumes and a clear hourly break above $3 would signal renewed strength.
Conclusion
Persistent XRP payments volume drops have reduced network utility and placed the asset under technical pressure. Short-term stability depends on volume recovery and reclaiming the $3 resistance. Traders and institutional users should monitor on-chain payment metrics and EMA support levels closely. For continuous updates and deeper on-chain analysis, follow COINOTAG coverage.
