The XRP Ledger experienced an unexpected drop of around 400,000 payment transactions overnight, coinciding with a volatile market week. The cause remains unclear but may relate to the recent market crash or fewer automated, low-value transactions. This decline signals shaky network activity, reflected in XRP's price falling from $1.50 to around $1.38, hovering near key support levels. If XRP maintains above $1.38 and network activity stabilizes, a price rebound to $1.45 is possible; a drop below $1.38 could lead to further declines toward $1.30.
The XRP Ledger's recent drop of around 400,000 payment transactions provides context for readers following this story. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 09, 2026 19:21 WIB: out of 50 major cryptocurrencies, 14 rose and 35 fell today. Notable movers include SXP (Solar) down 46.27% at Rp37 with a typical hold time of 94 days, BAL (Balancer) up 11.14% at Rp16,297 with a typical hold time of 85 days, and ALGO (Algorand) down 9.60% at Rp2,118 with a typical hold time of 129 days and Pluang order activity of 27% Sell / 73% Buy.
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