FeesSafety
Pluang+

XRP Ledger tracks payment volume by transfers, not trading activity, offering insight into network use.

Protocol Fundamentals
23 Oct 2026
Tokenpost
View Source
Neutral
XRP Ledger tracks payment volume by transfers, not trading activity, offering insight into network use.

The XRP Ledger payment-volume metric measures the volume of XRP transferred between accounts on the ledger, focusing on actual transfers rather than trading activity on cryptocurrency exchanges. This metric helps gauge network usage but does not indicate whether XRP was bought or sold. A single day's data point is insufficient to confirm a lasting change in network activity, highlighting the need for ongoing monitoring to understand trends. The report clarifies the distinction between ledger transfers and exchange trades for investors tracking XRP activity.

The XRP Ledger payment volume metric tracks XRP transfers between accounts, distinct from exchange trading activity. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 24, 2026 07:51 WIB: out of 50 major cryptocurrencies, 13 rose and 36 fell. Notable movers include BAT at Rp3.019 with a 1-day change of -2.83%, SUSHI at Rp3.757 down 2.52%, and EGLD at Rp62.388 down 2.38%.

More News

Remittix raises $33M, burns 300M RTX tokens, as XRP Ledger update sparks $10 XRP price talk

Remittix raises $33M, burns 300M RTX tokens, as XRP Ledger update sparks $10 XRP price talk

Remittix has raised $33 million and will burn 300 million RTX tokens, reducing supply by 20% ahead of public trading starting November 24, 2026. This token burn and near-cap funding boost scarcity and investor interest. Meanwhile, the XRP Ledger's No...

Market News
Bullish
3 hours ago
XTransfer debuts at Money20/20 USA to boost cross-border B2B payments in Latin America.

XTransfer debuts at Money20/20 USA to boost cross-border B2B payments in Latin America.

XTransfer, a leading global B2B cross-border payment platform, made its first appearance at Money20/20 USA 2026 in Las Vegas to accelerate its expansion into Latin American markets. The company recently completed regulatory registration in Chile, ena...

Market News
Bullish
3 hours ago
Kelvin Veras Real Estate closes 16 deals in first year in New Jersey market

Kelvin Veras Real Estate closes 16 deals in first year in New Jersey market

Kelvin Veras Real Estate completed 16 real estate transactions in its first year operating in New Jersey, including sales, purchases, rentals, and landlord services. This milestone highlights the company's successful market entry and diverse client s...

Others
Neutral
3 hours ago
Tether blacklists USDT wallets linked to $16M CoinDCX outflows, freezing funds amid investigation.

Tether blacklists USDT wallets linked to $16M CoinDCX outflows, freezing funds amid investigation.

Tether has blacklisted several USDT wallets reportedly connected to abnormal outflows from CoinDCX, India's largest crypto exchange, freezing the funds at the smart-contract level. This move prevents any further transfers from those wallets and is pa...

Market News
Bearish
4 hours ago
Bitcoin and key commodities may rise then fall in 2026, warns strategist Mike McGlone.

Bitcoin and key commodities may rise then fall in 2026, warns strategist Mike McGlone.

Mike McGlone, a senior commodity strategist at Bloomberg Intelligence, warned that several assets including Bitcoin, U.S. natural gas, gold, silver, and various metals could follow a pattern of rising and then retreating in 2026. He emphasized that t...

Market News
Bearish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App