XRP news: Ripple-linked network transactions jump to 2.7M as price stays muted
XRP transactions hit 2.7 million daily amid declining volume, while the price remains rangebound between $1.34 and $1.44.Summary
Activity on the XRP Ledger has increased significantly, with daily transactions climbing to around 2.7 million, partly driven by tokenization projects building on the chain, which now holds approximately $461 million in tokenized real-world assets. Despite this fundamental growth, XRP's price action remains muted, trading quietly around $1.38 and stuck within a tight range between $1.34 (support) and $1.44 (resistance) as broader crypto market liquidity is thin. Technical analysis shows that a recent push toward $1.44 was quickly rejected, reinforcing resistance, while declining volume suggests traders are awaiting a clearer directional signal. The next significant move will likely occur if support at $1.34–$1.35 holds or if the price breaks below it, potentially targeting $1.30–$1.32.
(Source：CoinDesk)