XRP Ledger Activity Increases as Price Approaches 2018 Highs Amid Market Speculation
2025-07-20 18:13:26
Main Idea
XRP Ledger experiences record transaction volumes as XRP price nears 2018 highs, indicating growing investor confidence and market activity.
Key Points
1. XRP Ledger recorded over $1.4 billion in inter-account transfers on July 18, the highest daily volume since February 2025.
2. Nearly 1.5 billion XRP moved across accounts, with transaction counts reaching approximately 1.4 million.
3. XRP's price approaches $3.84, a level last seen during its 2018 peak.
4. Increased on-chain activity reflects growing optimism about XRP’s utility and adoption.
5. Large XRP transfers by key stakeholders, such as Ripple co-founder Chris Larsen’s $26 million transfer to Coinbase, highlight significant market movements.
Description
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