In the last 24 hours, the payment process on the XRP Ledger has increased an extraordinary leap, increased by about 1300 %. According to the data released by the Xrpscan platform, this sudden rise led to a significant mobility among investors and was interpreted as an important development by market observers. The increase in the same period with the increase in the approval of a Stock Exchange Investment Fund (ETF) for XRP increased to 87 %. Experts say that this mobility may be a harbinger of increasing interest and possible new developments in the future performance of XRP, but may also indicate short -term fluctuations.
Historical Spring in XRP Ledger transactions
The current data shared by Xrpscan revealed that the total payment volume in the XRP Ledger network has reached unprecedented levels in the last day. “In the last 24 hours, a significant growth has been determined in the payment volume on the XRP Ledger in the last 24 hours,” the platform said. This sharp increase had a wide repercussion in the digital money market.
The volume enlargement brought intensive discussions between investors and analysts on the recent price course of XRP and the general market value. Some sector commentators are cautious about whether such a rapid rise will be sustainable and warn investors to closely monitor market movements.
ETF approval probability increases the interest of investor
The timing of the explosion in the transaction volume coincides with the possibility of an exchange investment fund (ETF) for XRP reaching a high level of 87 %. Sector analysts emphasize that ETF expectation significantly increases investors’ interest and confidence in XRP. Especially the expectation of corporate investors to provide easier access to the crypto money market through ETFs is seen as the main reason for this interest.
Some of the market analysts think that this positive course in which the possibility of ETF is associated with changes in the attitude of regulatory institutions and increasing institutional acceptance. However, it is underlined that the approval process is not yet finalized and that existing conditions should be followed carefully. This development is considered as a positive signal in terms of maturation of the legal framework for the general crypto money market.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
