500,000,000 XRP in 24 Hours Secured: What Happened?

XRP reclaiming more levels on-chain, but its market performance has a lot to desire

Over 500 million tokens were transferred in a single day on May 30, 2025, marking an impressive increase in on-chain activity for XRP. The price action conveys a more sobering picture, even though this kind of spike in payment volume frequently portends increased demand or significant settlements. The 200-day moving average, which has historically served as a long-term support floor, is tested on the daily chart for XRP/USDT after a clear breakdown below the 50-day moving average. The price showed obvious weakness following a brief breakout from a descending triangle earlier in May, closing the day at $2.14, down 1.5%. The asset is currently teetering just above important support after the rally attempt abruptly ended.#RightToEarn #Bitcoincrashcandle $BTC