A significant surge in payment volume has been observed on the XRP blockchain, marking one of the biggest single-day spikes this year. On September 1st, over 2.15 billion XRP worth of transactions were processed, significantly exceeding the average daily volumes observed throughout August. This spike coincides with a notable reaction in the price of XRP, which rose as network activity picked up.
The rebound in price suggests that buyers are responding to this increased demand, pushing the token back above $2.80 following a brief dip near $2.70. 2025’s activity remains noteworthy given that payment volumes have been largely consistent at under one billion daily transactions until now.
What drove this surge? The sudden spike in transaction volume points to either large-scale institutional transfers or increased settlement flows. Regardless of the source, it demonstrates that XRP is gaining traction as a viable payment solution. This aligns with Ripple’s stated objectives for XRP’s role as a global payment token.
Key price levels for XRP going forward are $2.95 and $3.10. Clearing these zones would confirm a bullish reversal and could drive further momentum toward $3.30 and beyond. Conversely, if the price dips below $2.70 again, the 200-day EMA at $2.50 could regain its significance.
This spike signifies a significant development in XRP’s utility-driven growth, potentially signaling the beginning of a new stage driven by genuine network adoption and not just speculation.