【Market Flash】XRP’s daily transaction volume surged 1,717% in a single day to 3.719 million, a six-month high, while its price has fallen about 13% in October.
Don’t be fooled by the 1,717% figure: the previous day saw just 204,000 transactions, so the low baseline amplified the increase. Even so, 3.719 million is still 48% above the 30-day average of 2.5 million.
On-chain activity is heating up while the price is cooling off—is money moving in ahead of a rally, or is this just hype? Which side are you on? Tell us why in the comments.
$XRP $ETH $SOL
#XRP #XRPLedger #On-chainData
(Source: Crypto Basic)
⚠️Risk reminder: The above is shared for market information only and does not constitute investment advice. Investing involves risk; please exercise caution.
Don’t be fooled by the 1,717% figure: the previous day saw just 204,000 transactions, so the low baseline amplified the increase. Even so, 3.719 million is still 48% above the 30-day average of 2.5 million.
On-chain activity is heating up while the price is cooling off—is money moving in ahead of a rally, or is this just hype? Which side are you on? Tell us why in the comments.
$XRP $ETH $SOL
#XRP #XRPLedger #On-chainData
(Source: Crypto Basic)
⚠️Risk reminder: The above is shared for market information only and does not constitute investment advice. Investing involves risk; please exercise caution.
