Ripple’s (XRP) payments are nearly at its all-time high, data from XRP Charts show. Payments are at just over 100,000 with the last time such numbers were seen being just before the bull run of late 2017.
BREAKING: XRP Payments on XRP charts is the highest it's been since before the bull run in 2017. Screenshot taken at 9:44PM EST: pic.twitter.com/dZ8VVrmiBF
— Cryptopolis (@cryptopolis_x) May 23, 2019
Some users have wondered whether this could just be one factor, but it is possible that a large number of micropayments have been made. One Twitter user, Galgitron, said,
Massive spike in micropayments (purple). No idea what it’s about, BUT, it could very well be just one actor, so don’t lose your mind. Remittance-size payments volume still high, big weekend drop suggesting at least some is utility. If this weekend is similar, really encouraging.
Massive spike in micropayments (purple). No idea what it's about, BUT, it could very well be just one actor, so don't lose your mind.
Remittance-size payments volume still high, big weekend drop suggesting at least some is utility. If this weekend is similar, really encouraging pic.twitter.com/FeIZPSGSrJ
— galgitron (no price predictions) (@galgitron) May 22, 2019
Ripple has surged past the $0.4 mark and is riding on the crest of a wave of good news. Banks are seriously considering implementing Ripple’s technology and several pilot programs have been conducted.
