On January 1, 2025, XRP recorded a massive transaction volume of over 7 billion USD, marking the highest activity level in a month. This surge followed a typically slow period experienced around the year’s end, reflecting a newfound market enthusiasm as the new year commenced.
XRP’s price initially jumped 25% from 2 USD to 2.5 USD due to the spike but corrected to 2.4 USD shortly after. While such developments often signal a bullish outlook, it’s crucial to remain cautious as HIGH transaction levels driven by speculation can lead to price corrections.
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