Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Network throughput and payment volume are two crucial areas where XRP continues to outperform the wider market. The XRP Ledger is still steadily operating above the $1 billion-per-day threshold in both payments and successful transactions, even though price action has moved deeper into a declining channel and threatened a retest of the $2.00 psychological zone.
XRP's network is healthy
As a result, XRP is among the very few networks that sustain a billion-scale daily operational load, which is a crucial fundamental anchor that investors should not ignore. The on-chain data simultaneously displays two things. Payment volume spikes continue to be enormous; the most recent increase in value reached about 946 million XRP per day.
This keeps XRP well above the billion-range average that has been formed throughout November, even though it is less than the 2.2 billion mega-spike earlier in the month. Recent readings of successful transaction counts have exceeded 1.8 million per day, a level that has historically been associated with increased utility-driven activity rather than speculative noise.
XRP's suppressed performance
For price, however, the chart presents an alternative picture. Every attempt to break above the 21-day EMA and midchannel resistance is thwarted, and XRP is still trapped inside a distinct declining channel. The moving averages stack bearishly at 21, 50, 100 and 200, and there is little momentum and stagnant volume. Put simply, the market is still unconvinced, 000even though the fundamentals are getting better.
The implications of this disconnect for investors are complex. The chart remains pessimistic. When the channel's lower boundary is lost, XRP moves straight toward the $2.00-$1.90 range. When that zone is broken, it opens the door to $1.50 and ultimately $1.00. The fundamentals are still very positive.
Sustained daily throughput of more than $1 billion in payments is not an insignificant accomplishment; it indicates scaled active ledger usage, which has historically preceded long-term recoveries. Fundamentals will not be immediately followed by price. XRP has a history of lagging market cycles and consolidating when utility metrics are rising.
Dan Burgin
Vladislav Sopov
U.Today Editorial Team