XRP Ledger Payments Surge as XRP Trades Near $1.07

XRP Ledger payment volume reached 1.16 billion XRP on November 9, according to Crypto Economy. That represented a 207.4% increase over the previous 24 hours and placed activity above the network’s 580.6 million XRP average for the preceding 30 days. The figure shows a substantial one-day rise in payments processed across the ledger, even as the market for the token remained weak. The activity surge was substantial but not unprecedented. Crypto Economy noted that payment volume had previously reached approximately 1.8 billion XRP on October 30 and 1.9 billion XRP on September 25. The November 9 reading therefore exceeded the recent monthly average without matching either earlier peak. Crypto Daily supplied a different market angle, reporting that XRP fell toward $1.08 after approximately $1 billion in liquidations across the crypto market. It described the token’s relative strength index as oversold while noting that sellers remained in control of the trend. Crypto Daily also highlighted $0.99 as the floor bulls would need to defend, framing it as a technical reference point rather than confirming a new payment-volume record. Live market data put XRP at $1.07, down 2.48% over 24 hours and 17.37% over seven days. Its market capitalization stood at $67.97 billion. The wider crypto market was broadly flat at a $2.55 trillion total capitalization, while Bitcoin was down 0.20%. The Fear and Greed Index registered 32, corresponding to a classification of Fear. Taken together, the coverage presents a split between network activity and market performance: XRP Ledger payments rose sharply, but XRP continued to trade near $1 amid liquidation pressure and a seven-day decline. The next relevant readings are whether payment volume can remain above its recent average, whether XRP holds the $0.99 technical reference cited by Crypto Daily, and whether broader sentiment improves from the current fear reading.