XRP experienced a surprising increase in on-chain payment volume over the last week, reaching almost 400 million transactions on May 27, 2025. This sharp rise in network activity corresponds to the erratic price movement shown on the XRP/USDT chart provided. The market price of XRP has mostly stayed trapped between $2.20 and $2.50, indicating market caution despite these remarkable on-chain figures. Throughout May there were several significant transaction spikes, according to the data from the payment volume charts, which culminated in the enormous jump on the 27th. Movements of this nature usually indicate extensive transfers between accounts, which may be connected to institutional rebalancing or internal exchange movements. The price action has been relatively quiet, though, in spite of this increase in transactional activity. The price is compressing into a symmetrical triangle on the XRP/USDT chart, displaying a well-known consolidation pattern. At the moment, XRP is testing support at the 50 and 100 EMA levels. Although the miniature golden cross is visible, the price has not yet increased. The price may eventually challenge the upper resistance zone, which is located between $2.60 and $2.70 if it does. Investors, however, should continue to exercise caution. Although on-chain data indicates high network usage, sustained price movement is not always implied by it. The price chart shows low trading volumes, which suggests that retail interest is still cautious and will wait for a breakout confirmation before reentering the market. XRP must stay above $2.20 in the near future to prevent a more severe correction. If buyers seize control, a move above $2.50 might set off a subsequent bullish trend, which would be driven by the apparent increase in usage. Until that time, XRP remains trapped in a narrow range, awaiting a buyer or seller to take control.
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