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XRP Ledger hits 1 billion XRP in payment volume despite price dip below $1 amid market downturn

Protocol Fundamentals
15 Nov 2026, 13:35 WIB
UToday
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Neutral
XRP Ledger hits 1 billion XRP in payment volume despite price dip below $1 amid market downturn

XRP's price recently fell below $1 for the first time since August, trading around $0.96 amid a bearish market with oversold signals. Despite the price drop, XRP Ledger activity surged significantly, with payment volume rising 139.9% to about 1.1 billion XRP and active accounts increasing by 154.5% to 42,300. This growth in ledger activity may be driven by automated trading and investor moves to liquidate holdings, reflecting market fear rather than fundamental network use. The increased payments volume signals potential further market pressure, though a recovery rally toward $1.2 remains possible if bullish momentum returns.

XRP is trading at Rp17.551 on Pluang as of Nov 15, 2026 19:01 WIB, down 3.23% in the last day. Despite the recent price drop below $1 noted in the article, XRP maintains a strong market cap of Rp1.120,06 trillion and a high 24-hour trading volume of Rp86,08 trillion. The platform shows a majority buy interest at 64%, with typical holding periods around 73 days, highlighting ongoing investor engagement even amid short-term price declines.

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