XRP Ledger payment volume jumps 153.9% to 363.3 million XRP

XRP Ledger activity surged in the past 24 hours as payment volume climbed 153.9%, reaching 363.3 million XRP, according to data from XRPScan. This marks a reversal after a period of relative calm on the network. XRP is now trading near $1.36, recovering from a recent low of $1.31 on the daily chart. Buyers re-entered the market at the orange moving average, which currently sits around $1.34. This level held as support, and after several red candles, the price action shows a green candle, suggesting a potential bounce.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to CoinTurk News.