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Altcoins & DeFi

XRP Ledger's Payments Volume Crosses Historic 1 Billion Threshold

Image: U.Today

According to XRPScan , XRP Ledger payments volume rises again, reaching 1.16 billion XRP on November 9. XRP's payment volume is up 207.4% over 24 hours, sitting far below its all-time high of 7 billion. Payments volume growth is substantial, but not record-breaking by any means, with the 30-day average at 580.6 million XRP. It's important to keep in mind that it's coming due to the transition from the weekend trading session to Monday, and volume spikes are normal here. This isn't the first spike either: on October 30, the ledger moved around 1.8 billion XRP. Late September was even busier, with payments volume reaching around 1.9 billion XRP on September 25, so the current growth is nothing new for the ledger.

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