XRP Network Activity Jumps 479%, Fueling Hopes for a Price Rebound

TL;DR XRP Ledger recorded a 479% increase in daily payment volume , climbing from 229 million XRP to more than 1.33 billion XRP on November 1. The surge signals renewed activity across the network after a quieter end to October and recent security-related disruptions. Growing stablecoin adoption, tokenized assets and institutional investment provide additional support for XRP’s long-term outlook , although a sustained price recovery remains unconfirmed. XRP is entering November with renewed momentum as activity across the XRP Ledger (XRPL) accelerates sharply. On-chain data points to a significant increase in the amount of XRP transferred between accounts , raising expectations that improving network utilization could support a recovery in the token’s market performance. The development comes after several weeks of volatility and weaker activity toward the end of October.

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