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XRP Ledger Payment Volume Measures Account-to-Account Transfers
The metric tracks ledger transfers, not crypto exchange trading, and does not show whether traders bought or sold XRP.

The XRP Ledger payment-volume metric measures XRP transfers from one account to another.
It tracks ledger transfers rather than trading on crypto exchanges. The measure alone does not show whether traders were buying or selling XRP.
A single daily reading does not establish a sustained change in network activity.