XRP’s 70% Payments Collapse: Speculation Thrives as Utility Dives 😂📉

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In the half-lit room of the financial market, XRP sits like a forgotten samovar, whistling softly and hoping someone will notice its old charm. At $2.87, the price teeters on the edge of anticipation, yearning to peek over $2.91 as if it might discover a pastry left over from last night. The chart-always so dramatic, so full of secret desires-shows a strength that might compel it to finally wander into the $3.00-$3.08 range, where the 50-day moving average stands like a disapproving aunt behind a locked door. Bulls, red-cheeked and modest, shuffle forward; the $2.77 support holds, awkward and faithful, like a loyal dog waiting outside a closed bakery. With murmurs of hope, optimism sneaks in like an ill-timed joke at a funeral.

And yet, beyond the shallow thrills of technical analysis, something rather tragic brews: XRP’s payments activity, once lively and numerous like guests at a provincial wedding, has shriveled by over 70% in a month. On September 8, 2025, only 221,000 daily transactions shuffled between accounts-down from a boisterous 750,000 in August, as reported by the ever-dour XRP Ledger. One must ask, with a sigh: what good is a coin that no one bothers to pass around? Somewhere, a ledger weeps quietly. 📚😢

Why payments matter

technical signs whisper sweet secrets of glory above $3, while the lifeblood of payment activity trickles away like forgotten dreams at morning’s light. Without renewed demand, will XRP thrive as a speculative bauble, dangled before the ever-hungry crowd? One might call the setup promising-a beacon for traders in a sea of uncertainty-but beneath lies the heartbeat of the fundamentals, and it’s playing a cheerful dirge. 🤔💸

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2025-09-08 11:45