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XRP payment volume plummets near zero but may recover within 24 hours due to whale activity.

Market News
12 Jul 2026
UToday
View Source
Bearish
pluang ai news

XRP Ledger's payment volume has dropped sharply from over 1.3 billion XRP to just 40.5 million XRP in recent days, signaling a near-zero level of network payments. This decline is largely driven by the absence of large transfers from institutional or whale wallets, which typically cause high volatility in payment volume. Despite the steep drop, such fluctuations are common and do not necessarily indicate a long-term decline in network activity or XRP's market value. Recovery within 24 hours is possible if significant transfers resume, but investors should monitor the situation closely to determine if this is a temporary lull or a longer-term slowdown.

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