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XRP Ledger on Record-Breaking Pace
As the crypto market continues to fluctuate and evolve, it’s imperative to pay attention to the remarkable performance of the XRP ledger, which has reached a significant milestone in network activity. The ledger recorded an all-time high in daily transaction volume on June 19, processing over 1.2 million transactions in a single day. This sharp increase in activity is a crucial sign that may be what XRP needs to spark a long-term price revival.
According to the chart analysis, there is cautious optimism regarding the current market conditions. For weeks, XRP has been moving within a symmetrical triangle, which typically denotes a buildup before a breakout. The recent price movement indicates that buyer interest is present at support levels as it bounces off the lower boundary of this triangle.
Source: u.today
