XRP On-Chain Payment Volume Nears Five-Month High Amid Bull Run and ETF Speculation
2025-07-18 21:36:58
Main Idea
XRP's on-chain payment volume has reached a five-month high amid a bullish market and ETF speculation, reflecting increased network utilization and growing investor confidence.
Key Points
1. XRP's on-chain payment volume surpassed $1.4 billion on July 18, the highest since early 2025, indicating robust network activity.
2. The XRP Ledger processed nearly 1.4 million transactions, highlighting its expanding role beyond speculative trading.
3. XRP's price surged 22.39% in a week, nearing its 2018 all-time high of $3.84, driven by bullish momentum and ETF speculation.
4. Cross-border payment efficiency and ETF approval optimism are key drivers of XRP's recent growth.
5. The token's utility in cross-border remittances and its strategic positioning as a bridge currency are reinforcing its market importance.
Description
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