XRP Exchange Transactions Sink to Record Lows as Ripple Payments Tops $100B Volume
XRP exchange-related transactions have dropped to their lowest level since CryptoQuant's metric was introduced, following a price slide of more than 60% from last summer's peak. The indicator suggests reduced user engagement with exchanges even as Ripple reports its payments platform has processed over $100 billion in volume and expanded to more than 60 markets. These contrasting trends raise questions about XRP's current market dynamics and investor behavior.