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Altcoins & DeFi

Can XRP Ledger Reach a Billion Threshold? 858 Million XRP in 24 Hours

Image: U.Today

The XRP payment volume spiked to an unprecedented 858 million in a single day, raising doubts about whether the XRP Ledger can maintain such high daily transaction volumes. A significant jump from recent baseline activity has occurred, reigniting discussions about the network's payment capacity and its future adoption path. The latest data indicates that XRP payment volume currently stands at 693.6 million, which is a 19.2% decrease from the recent peak of 858 million. The 30-day average for XRP payment volume is 674.5 million, suggesting that daily transfers in the 700 million range have set a new standard.

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