XRP Ledger payment volume plummeted 72.3% to 119.5 million XRP on October 17, significantly below its 30-day average of 629.3 million. Data for October 18 shows a further 68.6% drop to approximately 37.5 million XRP so far, though the day is not yet complete. The report notes that both drops occurred on a Friday and Saturday, which are typically quieter days, but highlights that XRP's price is also under pressure, trading near $1.30 after falling below key moving averages.