XRP Sees Record Transaction Volume, Surpassing $820 Million in a Day

The XRP Ledger has witnessed an extraordinary surge in transaction volume, reaching over 824 million XRP in just 24 hours. This significant rise reflects the growing momentum in the cryptocurrency market, where investor confidence is rebounding. According to data from XRPSCAN, the network’s payment volume surged substantially on May 7th, exceeding the previous day’s figure of around 300 million XRP. This surge coincides with a notable price recovery for XRP, which has broken through the $2.21 resistance level and currently trades at $2.30 – representing a 5.77% increase in the past 24 hours, according to CoinMarketCap.