Payment volume on the XRP Ledger (XRPL) climbed 207.4% in a day to about 1.16 billion XRP for Nov. 9, putting the total at nearly twice the trailing 30-day mean.
The 30-day mean was 580.6 million XRP. Three earlier totals were higher: 1.33 billion XRP for Nov. 1, 1.8 billion for Oct. 30 and 1.9 billion for Sept. 25.
Payment volume tracks XRP moving between accounts, apart from the number of payments. The ledger also handles payments in issued tokens and across currencies, alongside direct XRP transfers.
The metric leaves the number of participating accounts and the motive for each movement unspecified. It also cannot establish whether activity was tied to new buying demand.
