XRP Ledger Payment Volume Tops 1.1 Billion as XRP Eyes Recovery

XRP Ledger (XRPL) activity has accelerated sharply, with daily payment volume exceeding 1.1 billion XRP as the cryptocurrency attempts to recover from its recent price decline.

XRPL data shows payment volume recently reached roughly 1.16 billion XRP, more than double the 30-day average of 494.6 million XRP. The jump suggests significantly more value is moving across the XRP Ledger compared with typical activity over the past month.

Other network metrics also strengthened. Successful transactions climbed 11.2% to 1.5 million, while total XRPL transactions increased 23.9% to 2.2 million. The network recorded approximately 757,400 payments and 18,700 active accounts, with the latter rising 21.5%. Transactions per ledger also increased 24.1%.

However, the data presents a mixed picture for XRP Ledger adoption. Active users dropped 17.3% to about 155,300, indicating that the surge in payment volume may partly reflect larger or more frequent transactions among existing participants rather than broad-based user growth.

The increased XRP Ledger activity arrives as XRP attempts to stabilize following recent selling pressure. XRP is trading near $1.32 after falling from around $1.42 and testing support between $1.28 and $1.30. Buyers have defended this area so far, allowing the cryptocurrency to stage a modest rebound.

XRP previously rallied toward $1.70 in August before facing a sharp rejection.

On the upside, XRP faces short-term resistance around $1.34 to $1.36, where recent selling pressure overlaps with a long-term moving average. A sustained move above this zone could bring the $1.40 to $1.45 range back into focus.

Meanwhile, $1.28 remains an important support level. Additional moving-average support sits between approximately $1.24 and $1.27. Losing this broader support zone could weaken XRP's recovery attempt and increase the risk of another correction.

While rising XRPL payment volume does not guarantee an XRP price rebound, stronger transaction activity and value transfers provide an additional fundamental signal as traders watch whether XRP can reclaim key resistance levels.