XRP On-Chain Spike Signals Strength as Price Holds Key Support

XRP has just recorded one of its most notable on-chain surges in recent months, with payment volume jumping more than 200% in 24 hours and over 2.56 billion XRP moving across the network. This surge reflects meaningful liquidity activity flowing through Ripple’s settlement infrastructure rather than the typical retail speculation that often drives short-lived volatility. Historically, when XRP shows this level of network utility while maintaining price stability, it often points to structural support forming beneath the market.

Despite this encouraging on-chain momentum, the broader trend still leans corrective. All three major EMAs remain aligned downward, acting as stacked layers of resistance. Recent attempts to push higher have stalled near the $2.55–$2.60 zone, which now represents a critical barrier for any renewed bullish breakout. For XRP to regain strong upside momentum, price needs to convincingly clear that range.

What stands out, however, is how well XRP is holding up despite strong overhead pressure and an unstable wider crypto market. Buyers continue to defend the $2.30–$2.35 range, showing consistent accumulation during dips. The RSI hovering around 41 reflects weak momentum but shows no signs of breakdown or oversold panic, suggesting the market may be in a stabilization phase rather than preparing for deeper losses.

The recent transactional spike strengthens this outlook. A 2.56 billion-XRP surge in network movement highlights rising utility, pointing toward settlement flows, institutional adjustments, or strategic accumulation rather than speculative churn. In other words, XRP isn’t simply being traded — it’s being actively used. Such activity often precedes shifts in market sentiment and can signal underlying confidence even when price action appears muted.

Overall, while XRP still faces strong resistance overhead, the combination of solid on-chain performance, defended support levels, and steady liquidity movement suggests the asset may be entering a consolidation phase that could set the stage for a future trend reversal if resistance breaks.