Payment volume on the XRP Ledger surged by 2,633.3% in 24 hours, reaching approximately 137.7 million XRP after a period of extremely subdued activity. This level remains below the 30-day average of about 496 million XRP and the historical record of roughly 7 billion XRP. The increase may stem from large transfers, exchange-related movements or institutional settlement activity, and does not necessarily indicate growing investor demand. On October 26, XRP was trading near $1.2879, remaining below several key moving averages, while its Relative Strength Index stayed below the neutral threshold of 50.
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