XRP’s Sudden 90% Payment Volume Crash Sends Shockwaves Through Crypto Market

Ripple’s XRP On the Edge: $1 Billion Payment Volume Crash Raises Big Red Flags for 2025

A shocking 90% plunge in XRP payment volume has crypto holders on high alert. Can Ripple’s token bounce back or is a steeper fall next?

Quick Facts:

  • 90% drop in daily payment volume: 1B to 114M XRP in 24 hrs
  • Key support: 200 EMA currently near $2.08
  • Resistance ahead: XRP faces $2.26-$2.55 range

Ripple’s XRP is under the microscope right now as one of its most telling on-chain metrics imploded—payment volume plummeted from over 1 billion tokens to just 114 million in a single day. This massive collapse has injected major uncertainty into the digital asset’s outlook for 2025 and left both traders and holders bracing for turbulence.

Fresh blockchain data via Highcharts shows XRP’s payment network suffered a “canary in the coal mine” moment on June 8: overnight, transaction volume nosedived by 90%. Such a rapid loss in activity is impossible to ignore, especially since payment volume reflects real network usage rather than pure market hype.

Analysts and market watchers now wonder: is institutional money stepping away from the XRP network, or is retail demand simply evaporating? Either way, the abrupt drop rings alarm bells across the crypto market, potentially signalling a larger trend or a sign of “whale” withdrawal.

Why Did XRP Payment Volume Collapse?

When XRP’s on-chain payment activity slumps this hard, only a few scenarios fit. Major players—sometimes called “whales”—might be pausing transactions, dramatically skewing the numbers. But if the real issue is falling mainstream adoption, XRP could face a rough road ahead.

On-chain activity like payments is a vital health-check for any network. If usage dips before the price reacts, savvy traders often see it as foreshadowing sharp moves either way. In the past, XRP price has faltered soon after similar plunges in transaction volume.

What’s Happening to XRP’s Price Right Now?

Despite grim payment metrics, XRP’s price hasn’t completely capitulated—yet. For now, the digital coin is still sitting above its crucial 200-day Exponential Moving Average (EMA) at roughly $2.08, acting as a safety net for bullish traders.

After the payment volume crash, XRP bounced and even tapped $2.20, a modest 3.25% daily gain. It also broke out of a descending triangle, a bullish chart setup. But momentum is stalling—the price remains boxed between $2.26 and $2.55 resistance levels, and trading volume is weak. Without stronger buyer conviction, any rally risks fading fast.

On the technical side, failure to conquer the 50 and 100 EMAs is troubling. Historical price action shows these levels must be broken with volume to fuel meaningful rallies. Otherwise, the recent bounce could be a classic “fake-out.”

Q&A: Where Could XRP Go From Here?

Q: Is this the end for XRP or just a temporary setback?
A: While on-chain activity looks dire, market structure isn’t totally broken. If XRP finds support at $2.08 and reverses with strong payment volume, it could shake out weak hands and pave a path to $2.55 and above. But, if it slips below $2.08, the next stops could be the round-number support at $2.00 or even $1.80, echoing prior breakdowns seen on major exchanges.

Q: What should XRP holders watch most closely?
A: Network payment volume and the 200 EMA are both critical. Persistent weakness tends to precede major price falls. If payment volumes recover and the coin closes daily candles above $2.20, that’s a bullish sign.

Q: Can whale activity single-handedly distort the data?
A: Yes. Since a few big players dominate XRP flows, their movements (or lack thereof) can make metrics whipsaw dramatically. Smart investors separate temporary “whale games” from genuine demand shifts by tracking trends over several days, not just head-turning single-day drops.

How to React as an XRP Investor Now?

  • Monitor payment volume daily for signs of a rebound
  • Watch the $2.08 technical level—below it, consider setting tighter stops
  • If XRP surges above $2.20 with strong volume, brace for a possible run to $2.55
  • Stay informed via mainstream resources like CoinDesk and community forums on Reddit

Bottom line: XRP is at a make-or-break crossroads for 2025. Don’t trade on hope alone—track payment flows, stay nimble, and always protect your capital!

Your XRP Survival Checklist

  • ✅ Set alerts for payment volume moves
  • ✅ Track 200 EMA support on daily charts
  • ✅ Review resistance at $2.26 and $2.55
  • ✅ Stay updated with reliable crypto news
  • ✅ Stick to your risk management plan
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ByDavid Clark

David Clark is a seasoned author and thought leader in the realms of emerging technologies and financial technology (fintech). He holds a Master's degree in Information Systems from the prestigious University of Exeter, where he focused on the intersection of technology and finance. David has over a decade of experience in the industry, having served as a senior analyst at TechVenture Holdings, where he specialized in evaluating innovative fintech solutions and their market potential. His insights and expertise have been featured in numerous publications, making him a trusted voice in discussions on digital innovation. David is dedicated to exploring how technological advancements can drive financial inclusion and reshape the future of finance.