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XRP Ledger sees suspicious 300,000 user spike without price or demand growth.

Protocol Fundamentals
24 May 2026
UToday
View Source
Neutral
pluang ai news

The XRP Ledger experienced an unusual surge of about 300,000 new users, pushing daily payment interactions from 700,000 to over 1 million in a short time. This sharp increase appears unnatural, as it occurred in a clean, linear pattern rather than gradually, raising doubts about whether the activity reflects real user adoption. Despite this spike, XRP's price remains stagnant between $1.30 and $1.50, showing no signs of increased demand or bullish momentum. Analysts suggest the surge may be driven by automated systems or internal operations rather than genuine retail interest, highlighting a disconnect between on-chain activity and market performance.

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