Daily payment volume on the XRP Ledger exceeded 1.33 billion XRP on November 1, compared with approximately 229 million on October 31, representing an increase of more than 479% in 24 hours. The surge followed a weaker close to October and comes as XRP shows signs of recovery after several weeks of high volatility. Data from XRPScan also indicates a rebound in network usage and a gradual fading of the impact of the recent massive Binance heist. Increased network activity may help rebuild momentum, but XRP has yet to deliver a major price recovery and remains volatile.
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