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XRP exits Millionaire Club, trading volume plummets to zero

Source: CoinWorld
XRP's on-chain activity dropped significantly, with trading volume falling by more than 600,000 in a single day on September 15, to about 223,000, marking one of the biggest drops in the short term. The network's ability to handle cross-border settlements is under pressure, and its price is difficult to stabilize above $3, and currently trading is close to $2.96, with the 50-day moving average being the potential support level. Despite some recent legal victories, technical restrictions and reduced institutional funding flows remain one of the reasons for the downturn in XRP prices.
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