Close Menu
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Categories
  • Altcoins (1,299)
  • Analysis (1,490)
  • Bitcoin (2,072)
  • Blockchain (1,201)
  • DeFi (1,418)
  • Ethereum (1,431)
  • Event (55)
  • Exclusive Deep Dive (1)
  • Landscape Ads (2)
  • Market (1,462)
  • Press Releases (1)
  • Reddit (723)
  • Regulation (1,363)
  • Security (1,963)
  • Thought Leadership (2)
  • Uncategorized (1)
  • Videos (41)
Hand picked
  • May’s crypto hacks total $244m; Sui, Cetus claw back $157m
  • Kraken ends the SOC 2 Type 2 compliance report, highlighting the commitment to institutional security
  • Stablecoin transmitter circulating $ 7,200,000,000 evaluation in the next IPO
  • Japan put pressure for a payment without cash while it tries to catch up with the rest of Asia
  • Hype and missed Doge? The 3 best microcaps with 100x potential, you can still buy cheap
We are social
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Facebook X (Twitter) Instagram
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Events
Altcoin ObserverAltcoin Observer
Home»Market»XRP payments drop 45% in the middle of the cryptography market correction
Market

XRP payments drop 45% in the middle of the cryptography market correction

June 3, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
S7453 0.jpg
Share
Facebook Twitter LinkedIn Pinterest Email


While the large cryptography market finds its balance in the middle of increasing pressures of the growing number of sellers, XRP also saw its chain activities decrease in the last month, according to XRPSCAN data.

XRP payment volume

The data show that the payment volume on the XRP chain has increased from $ 538,949,662 which it reached on May 2, 2025, at only $ 295,104,737 to June 2, 2025.

Although this marks a significant drop of around 45% of the payment volume from one month to month of XRP, it signals a significant drop in the use of XRP to execute transactions in last month. This negative trajectory was experienced on the larger cryptography market due to the pressures of macroeconomic distress.

Article
Source: xrpscan

After this diving in XRP payment volume, XRP’s price remained stable around $ 2.17 after having experienced a significant drop, lowering as low as $ 2.10 on a summit of $ 2.40 last week.

Mediocre performance on the XRP chain were fueled by the strong volatility observed on the cryptography market last week. This led to the XRP hold of a net weekly drop of 6.15% price, according to CoinmarketCap data.

You might also love

News

The drop in XRP’s payment volume indicates a significant slowdown in token chain transactions, also suggesting a reduction in institutional activity and demand from the assets. Nevertheless, XRP maintained a stable price movement in the last day, oscillating approximately $ 2.16 with a modest price increase of 0.12% from press time.

Article
Source: CoinmarketCap

Although Ripple has established a regulatory clarity with the American SEC and its ETF launch is already in sight, investors remain optimistic about the positive yields of its price performance.

However, its drop in activity on the chain has aroused concerns among investors regarding the reason for the negative trend. In addition, mediocre performance on the chain have left the participants in the market wondering if the recent drop in prices is a precursor of a major escape, because XRP has long positioned itself as a high -efficiency payment network.

Meanwhile, there are speculations that this could point out an emerging bear market, because the bullish momentum seems to slow down.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleEthereum directs the market with 46% of monthly gains, surpassing bitcoin and challenge
Next Article What are the new Dutch anti-money laundering obligations for crypto-active service providers?

Related Posts

Market

The BTC rally paused at $ 105,000 while the analyst indicates that the market looks `overheated ” ‘

June 4, 2025
Market

The atom shows resilience in the middle of the uncertainty of the cryptography market

June 4, 2025
Market

Ethereum Classic Prix Prediction – What could affect the future price of etc, etc?

June 4, 2025
Add A Comment
Leave A Reply Cancel Reply

Single Page Post
Share
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Featured Content
Event

Kenya to Host Africa’s Leading Blockchain & Crypto Conference in June 2025 

May 30, 2025

Nairobi, Kenya – May 2025 — Africa’s rapidly evolving blockchain ecosystem will take center stage…

Event

Crypto Vision Conference 2025: A Breakthrough Day for Web3 in the Philippines

May 29, 2025

Makati City, Philippines — April 26, 2025 — The AIM Conference Center was a hub…

1 2 3 … 48 Next
  • Facebook
  • Twitter
  • Instagram
  • YouTube

Stablecoin transmitter circulating $ 7,200,000,000 evaluation in the next IPO

June 4, 2025

Ethereum vs bitcoin? Vitalik says that BTC is gaining in simplicity and the number of nodes

June 4, 2025

Why is hyperliquid (hype) up 10% today?

June 4, 2025
Facebook X (Twitter) Instagram LinkedIn
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
© 2025 Altcoin Observer. all rights reserved by Tech Team.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 105,011.14
ethereum
Ethereum (ETH) $ 2,631.04
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.23
bnb
BNB (BNB) $ 668.09
solana
Solana (SOL) $ 155.70
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.190701
tron
TRON (TRX) $ 0.273744
cardano
Cardano (ADA) $ 0.6755