XRP Price Stagnates Despite XRPL Transactions Surging to 1.6M—Here’s Why

XRP's ledger hits warp speed—so why isn't the price budging? The XRP Ledger (XRPL) just processed a staggering 1.6 million transactions, yet XRP remains stuck in neutral. Market pundits weigh in on the paradox.

The Volume-Price Disconnect

Blockchain activity is booming, but traders aren't biting. While XRPL's throughput rivals Visa's testnet numbers, XRP's market performance lags like a Wall Street intern during bonus season.

Regulatory Hangover?

Some analysts point to SEC lawsuit aftershocks suppressing momentum. Others argue institutional players are waiting for clearer custody rules before diving back in.

The Liquidity Trap

With exchanges flooded with XRP liquidity, price discovery gets tougher than a hedge fund manager's conscience. Until fresh capital enters, these transaction spikes may remain academic.

For now, XRP holders watch the metrics climb while their portfolios flatline—a brutal reminder that in crypto, network activity doesn't always mean network value.

XRP Trade Volume CoinMarketCapXRP Trade Volume CoinMarketCap According to Wickle, this divergence shows that while interest in the network is growing, serious money hasn't flowed in yet. Without that trading volume, he believes XRP's price will likely stay stuck. Wickle also noted that at the time, xrp price traded under two important levels: $2.22 and $2.23. These levels now act as resistance, and unless XRP breaks above them, he thinks any attempt at a rally could lose steam quickly. Interestingly, XRP has broken above these levels, now trading at $2.27. Meanwhile, looking at price patterns, Wickle observed that XRP has been forming higher lows since June, shaping a pattern that usually leads to a breakout. However, for that to happen, he stressed that buyers need to step in with more conviction.

XRP Price ChartXRP Price Chart Are Institutions Re-entering the Market? Also, he talked about the source of the rising transactions. He asked whether new institutions are behind the volume or if it's just more activity from existing users settling transactions.  https://twitter.com/RipBullWinkle/status/1941478837792997407 Specifically, if institutions are re-entering the market, Wickle sees this as a powerful signal for future price gains. On the other hand, if the spike comes from routine settlements, the market impact could remain limited. Further, Wickle highlighted a pattern around past XRP price rallies. According to him, during major price surges, both transaction volume and trading volume increased together. Right now, that alignment doesn't exist.  He believes smart traders are watching this gap closely and waiting for stronger confirmation before making big moves. He then marked $2.40 and $2.55 as the next important price levels. If XRP clears both with strong trading support, he said it could spark the next breakout.