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Today, XRP stands out as the only cryptocurrency in the top 10 with a positive 24-hour volume change, reporting a +6.79% increase. All other major assets on the list, including BTC, ETH, SOL, BNB, DOGE, ADA and others, are still firmly in the red. This divergence is significant because rising volume into a declining market frequently indicates incoming volatility or accumulation.
XRP yet to catch up
However, the price reaction is not yet bullish: XRP is trading at about $2.05, following a daily decline of -4%, honoring a persistent declining channel and failing to recover any significant moving averages. The chart shows that XRP is still struggling below the downward-sloping 50, 100- and 200-day trendlines.
Sellers hit the asset as soon as it tests the upper boundary, and repeated attempts to break through midchannel resistance are unsuccessful. Nothing on the chart structurally points to a verified reversal, momentum (RSI) is still low and volume spikes are associated with rejection candles rather than breakouts.
XRP remains healthy
However, the setup becomes more interesting when the on-chain performance reveals a different narrative. XRP is still in the one billion+ payments club because daily payments routinely surpass the threshold, indicating that network-level usage is not only robust but also growing.
Metrics for successful transactions, payment volume and payment count have all maintained highs over the previous several months. This is an increase in fundamental activity rather than speculative noise, and historically, once macro pressure subsides, a divergence between price weakness and network strength tends to resolve in favor of fundamentals.
The concept that something is developing beneath the surface is further supported by exchange data. Exchange reserves hardly move, netflows stay under control and transaction counts continue to be high. This does not seem to be a panic distribution. Rather, it is like a market that is waiting for a catalyst while activity keeps building.
Dan Burgin
Vladislav Sopov
U.Today Editorial Team