The XRP Ledger (XRPL) has just recorded its busiest week ever with over 5.1 million transactions on June 15, mainly driven by real user demand, not automated activity. According to Ripple analyst Van Winkle, users have actively participated in NFT issuance, asset transfers, and decentralized trading, contributing to a surge in trading volume without interruptions.
Despite the increasing usage of the network, the price of XRP remains under pressure, currently trading at about 2.07 USD, down 3% in the last 24 hours and nearly 15% this month. Many investors have taken profits, with data showing that long-term holders received an average profit of 68.8 million USD per day at the beginning of June. Some analysts believe that XRP could recover as the wave of profit-taking subsides.
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