XRP Ledger payment volume plunges nearly 90% in two weeks
In a scene that could have been lifted from a Russian provincial drama, the once-bustling streets of the XRP Ledger have grown eerily quiet. The ledger’s payment traffic, once a daily bustle of merchants and merchants alike, has tumbled almost a full tenfold over the last fortnight. It’s a striking decline-like a holiday party that ends a day early because no one shows up.
- Volume drop. Early February saw the ledger humming with transactions that, on the day after, fell by nearly ninety percent.
The sharp fall in payment activity is no whimsical upheaval; it signals a waning in the network’s appetite for commerce. Where the ledger once throbbed with utility, today it merely hums along with the least optimistic of customers, those who once moved money merely to keep the candles lit.
After a brief, almost theatrical flurry-when payments hovered in the multibillion range-interest in the ledger retracted into minimal baseline levels, leaving investors to wonder whether they’ve stumbled upon another Russian winter before the next spring.
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- Low demand. Such a steep drop usually mirrors a true lack of need, not a passing gust of market air.
These transactions, like characters in a Chekhovian script, fade when the underlying narrative (or, in this case, transactional demand) ceases. A lack of volume, the ledger’s guardian of utility, tells a quiet story of fewer exchanges and less robust market heartbeats-harder to hear than the whispered gossip of gossipmongers on a moonlit evening.
Shiba Inu enters low-volatility consolidation phase
Shiba Inu, once a boisterous protagonist on the crypto stage, has slipped into a stage of quiet reflection. Its once chaotic highs and lows are now attached to a narrow, almost sorrowful, range of price movement.
- Narrow range. SHIB now trades within one of its smallest windows, like a family gathering where everyone is already arranged in polite silence.
The price of Shiba Inu, if we view it as a town’s market tender, has become a steady, hesitant melody, its lines falling short of the notes they once aspired to hit. The volatility that once roared now seems to sigh, sustaining investor patience in spite of its own lullabies.
- Trader sentiment. The dwindling volume suggests that traders haven’t abandoned their positions; they are merely waiting to see whether the common folk finally decide to speak.
Any brief recovery observed was simply a fleeting mirth in a long‑term melancholy. The buyers who pushed the price up were, by all accounts, the more hopeful of the spectators, but the market was not yet ready to accept their optimism. Their quiet presence is a testament to the pandemic‑like wait and see strategy that took the crypto world by side walk.
Bitcoin-to-Gold ratio weakens
As the golden bar checks its coin against the please-baste of Bitcoin, the correlational melody tweaks its rhythm. Gold has once again shattered the $5,000 mark, while Bitcoin’s relative value shrinks, leading it to feel increasingly like a waning moon behind a waxing sun.
- BTC vs. Gold. Once the enchanting equalized base, now the coin looks a little less like an asset under pressure.
Gold’s return above the key $5,000 threshold once again speaks in glorious flags, while Bitcoin’s supporting role seems weaker, as if the very melody prefers the gold-laden, deeper timbre over the digital spark.
In February, gold ten needed a ceremony of its own; a tone table that flashed a golden shine across the last line. This statement fits the iconic of a temporary overture that nevertheless caught people’s eye.
- Risk hedge. Bitcoin buying power now leaves more gold on the table, with the tech heaving its weight into a slow, incremental pulse, enabling it to forge a more stable path past its spot price.
Consequently, this digital worship poem, mediated by double-edged investors, signals a lingering potetal typ the to forge a this a heavy-liftworthy currency.
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2026-02-19 20:18