A recent surge in on-chain activity for XRP has been captured by blockchain data platform, U.Today. The cryptocurrency saw a staggering 1,501,797 transactions completed within the past 24 hours. Despite this dramatic increase in transaction numbers, payment volume took an unexpected turn, with only 193 million XRP exchanged – significantly less than the millions seen earlier in the day. Analysts have noted this unusual divergence: while activity is high, average transaction size appears to be shrinking. This suggests a shift towards more micro-transfers rather than large-scale transactions – a possible sign of increased network activity, not institutional trading.