- The XRP Ledger processed a record 1.83 million transactions in 24 hours, signaling strong network adoption despite XRP’s price falling below $2.
- While technical indicators show bearish trends, the rising utility suggests long-term potential driven by real-world demand.
XRP is making waves again—not in price, but in performance. On June 22, 2025, the XRP Ledger recorded a staggering 1.83 million peer-to-peer transactions within 24 hours. This surge in activity marks one of the highest usage rates in recent history and proves that XRP remains a top choice for real-world digital asset transfers—even as its market price shows signs of weakness.
A Tale of Two Trends: Weak Price, Strong Utility
While XRP’s transaction volume sets new highs, the token’s price has fallen below the psychologically significant $2 mark. Technically, XRP has broken out of a symmetrical triangle pattern and now sits beneath its 200-day exponential moving average (EMA)—a bearish signal that many traders consider a sign of weakening confidence.
Adding to this downtrend, the Relative Strength Index (RSI) has dipped into oversold territory, reflecting a lack of strong buying interest at current support levels. Trade volume also remains subdued, hinting at caution among investors despite the network’s robust activity.
Why the XRP Ledger Tells a Different Story
Despite the grim technical indicators, XRP’s fundamentals look far from broken. The XRP Ledger’s skyrocketing transaction count shows that people continue to use the network actively—suggesting actual demand over speculation. This kind of organic utility-driven adoption is often a leading indicator of long-term growth.
The contradiction between XRP’s price and its usage metrics paints a clear picture: while traders may be bearish, the ecosystem is still expanding. Historically, such patterns have led to eventual price corrections that align with underlying strength.
Outlook: Utility May Win, But Timing Is Key
For traders and long-term holders alike, the key level to watch lies between $1.95 and $2.00. If XRP can regain support there, it could shift sentiment and invite fresh buying interest. Until then, caution is warranted.
Ultimately, XRP’s price may be whispering surrender, but the XRP Ledger is shouting adoption. One of these trends will break—and if history is any guide, fundamentals have a way of catching up with price.
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