XRP Ledger Payment Volume Jumps 386% to 583.3 Million XRP in 24 Hours

386% Jump in Ledger Payments

Daily payment volume on the XRP Ledger surged 386% over the past 24 hours, climbing to roughly 583.3 million XRP after one of the weakest readings of the month, according to the ledger's public payments volume data. The rebound pulls activity back toward the 30-day average of about 638 million XRP, although the latest figure still sits slightly below that benchmark. Much of the percentage jump reflects a low base: the prior session printed an unusually depressed level of transfers, so even a modest recovery produced a triple-digit gain. XRP price holds near $1.51 with a 24-hour change of roughly -0.13%, so the activity burst has not yet translated into a directional move. The network, an open-source blockchain tied to the Ripple ecosystem, processes payments and asset transfers, and its on-ledger decentralized exchange relies in part on a built-in automated market maker for token swaps. Historical context keeps the headline number in proportion. The ledger has repeatedly recorded daily payment volumes above one billion XRP, with several spikes past two billion and an all-time peak near seven billion XRP. A year-long view underlines that variability: daily flows have swung between near-zero lulls and multi-billion surges within the same quarter. At 583.3 million, the current trading volume reading is unremarkable in absolute terms; the speed of the turnaround draws attention. A sustained move above the 638 million 30-day average would offer firmer evidence that transaction activity is accelerating rather than simply normalizing after a weak day, and a return above one billion XRP would make the shift considerably more meaningful. Until volumes hold above average for several sessions, the 386% jump reads as a recovery snapshot, not a confirmed trend.

Narrow Range Between $1.48 and $1.53

Traders tracking the XRP market are watching whether this on-chain uptick eventually feeds into price. The token continues to consolidate after September's breakout, when it climbed from about $1.30 toward $1.60. Since then, action has compressed into a narrow $1.48 to $1.53 band, and several attempts to restart the rally have failed so far. Underneath, the structure remains intact. The asset trades above its rising short-term moving average near $1.45 and comfortably above the longer-term averages clustered around $1.35 to $1.40, a configuration consistent with an ongoing bull market rather than a distribution phase. Its market cap stands near $95.4 billion, a figure derived from the token's circulating supply. For a fresh leg higher, the market first needs to take back roughly $1.55 before the heavier $1.60 to $1.65 resistance region comes into play; losing $1.45 would weaken the current structure materially. The full map sits on our XRP technical analysis page. Outside forecasts frame the wider debate: chartist Peter Brandt's $1.6572 breakout line on his coffee-cup chart sits just above the current band, while Standard Chartered's $12.50 target for end-2028 assumes a far larger repricing. Neither call depends on the present consolidation, but both require the kind of sustained expansion the ledger has yet to confirm. As of Tuesday, the tape showed no decisive break of either boundary, leaving the range trade in place.

COINOTAG Composite: The Levels That Matter

COINOTAG's proprietary 42-indicator composite S/R scoring engine frames the squeeze precisely. Our engine rates the $1.4767 support at 90/100, driven by EMA 20, S1, POC and Ichimoku Kijun, while the $1.5213 resistance scores 90/100 (R1, Fibo 0.236, HVN 4, PWO) and the $1.5575 ceiling scores 94/100 (R2, Fibo 0.214, HVN 3, PWH). Spot at $1.5085 sits wedged between two high-conviction zones. Momentum is mixed: RSI at 57.13 leaves headroom, the MACD signal reads bearish, and the trend filter still flags an uptrend. Derivatives lean long, with funding at 0.0070%, open interest near $1.12 billion and a long/short account ratio of 2.49 at 71.4% long; the Fear & Greed Index reads 73, in greed territory. The bullish path requires a close above $1.5213 and then $1.5575; losing $1.4767 shifts focus to the 87/100 support at $1.4232 and invalidates the near-term setup.