XRP on-chain volume jumps to $49.7 billion, sparking $2 rally prediction at $1.25 support

XRP returned to the spotlight after on-chain data revealed a sharp surge in transaction volume on the XRP Ledger. According to analytics shared by crypto market analyst Ali Martinez, the total dollar value of coins transferred reached $49.70 billion during a single night, marking an exceptional increase compared to previous days. Martinez presented a bar chart with data from blockchain analytics firm Santiment, highlighting five consecutive daily intervals. For most of the week, transaction volume remained near the baseline, but on the most recent day, volume spiked to $49.66 billion.

Source: CoinTurk News