Growth
XRP Ledger Payments Volume Reaches 1.16 Billion XRP
According to XRPScan, XRP Ledger's payments volume has reached 1.16 billion XRP on November 9, marking a 207.4% increase from the previous day. This volume is below the ledger's all-time high of 7 billion XRP. The growth is attributed to the transition from the weekend trading session to Monday, and the 30-day average is 580.6 million XRP. The XRP price has been under pressure due to the bear market, currently trading at $1.09 and potentially below the $1 threshold, which could lead to a rapid decrease in value. The volume is expected to decline further to around 300 million XRP by November 10.