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Coinpaper 2025-09-30 09:27:41

XRP Ledger Traffic Tops $483B — $2.90 Breakout Expected to Confirm Strength

XRP Ledger Traffic Tops $483B — $2.90 Breakout Expected to Confirm Strength

XRP Ledger Sees Massive Payment Volume as Daily Transfers Surge According to recent data from Dune Analytics, the XRP Ledger has recorded over 483 billion XRP in total payment volume, highlighting the digital asset’s continued prominence in global payments and blockchain-based transfers. This milestone underscores XRP’s role as a high-speed, low-cost solution for moving value across borders, catering to both institutional players and individual users. On a daily scale, the network remains highly active, with more than 230 million XRP moved just today, reflecting the consistent utility and liquidity of the token. These figures indicate not only sustained adoption but also the underlying strength of the XRP Ledger as a scalable financial infrastructure. For context, XRP Ledger’s design enables near-instant settlements and minimal transaction costs, making it a preferred choice for cross-border payments compared to traditional systems. Notably, these figures go beyond statistics, they highlight XRP’s growing significance in the digital asset ecosystem. Handling hundreds of millions of daily transfers showcases the network’s speed, reliability, and scalability, essential for both retail and institutional adoption. High payment volumes underscore XRP’s utility as a practical tool for real-world finance, not just speculative trading. As a result, XRP Ledger’s transparency and proven performance are drawing fintech firms and traditional banks alike, as it enables faster, cheaper, and more secure transfers, solidifying its position as a leading payments-focused blockchain. XRP Eyes $3 as Technical Indicators Signal Bullish Momentum XRP is showing promising signs of bullish momentum, according to market analyst Cas Abbe. As long as a breakout above the $2.90 mark materializes, the digital asset could potentially target the $3.05–$3.10 range, signaling renewed investor confidence and a strong upward trend. Abbe emphasizes that holding XRP above the $2.80 support is crucial for sustaining bullish momentum. This key pivot protects recent gains, and traders are closely monitoring it, any breach could stall or reverse the rally with the current price standing at $2.86. Meanwhile, XRP’s RSI at 57 signals room for further upside before overbought territory, suggesting sustained buying pressure and a positive outlook for both traders and long-term investors. On the other hand, the MACD is approaching a bullish crossover, a key signal that often precedes price gains. When the short-term average crosses above the long-term, it indicates rising buying momentum. Together with current RSI levels, this points to a likely continuation of XRP’s upward trend. Conclusion The XRP Ledger’s 483 billion XRP total payment volume and 230 million XRP daily transfers showcase a network that is not only resilient but increasingly central to the future of digital finance. On the other hand, XRP is showing strong potential for a bullish move, with technical indicators pointing to further gains. A clear breakout above $2.90 could pave the way to the $3.05–$3.10 zone, provided the asset maintains key support levels.

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