Recent reports indicate that XRP has reached an almost six-month high in daily transactions, marking a pivotal moment for the cryptocurrency as it exhibits increasing adoption across both payment systems and decentralized finance (DeFi) applications. 

For January 2026 alone, the XRP Ledger recorded 1.45 million daily transactions, following a steady upward trend in network usage that began in late 2025, coinciding with the introduction of new payment corridors through Ripple’s On-Demand Liquidity platform and the integration of stablecoins such as RLUSD.

Gaps Between XRP Demand And Price

Market expert Sam Daodu highlighted in a recent report for 24/7 Wall St. that historical trends suggest that gaps between rising demand and stagnant prices often precede sharp rallies. 

With exchange reserves at eight-year lows and increasing institutional inflows seen with XRP exchange-traded funds (ETFs), the current situation indicates that the altcoin may be quietly gearing up for its next breakout.

Despite a slight rebound to $2.42 on January 6, which represented a nearly two-month high for the token, its price has since retraced to approximately $2.048 at the time of writing. This decline occurred despite the transaction surge, suggesting that XRP has yet to capitalize on its increased usage.

Daodu noted that the discrepancy between XRP’s price and its on-chain activity isn’t unusual. He asserts that such gaps between usage and price have often been precursors to significant price movements, while also pointing out several factors contributing to the current delay in price reaction.

Market-wide consolidation is one of the key reasons, as Bitcoin (BTC) and Ethereum (ETH) traded sideways in early 2026, dampening momentum for altcoins like XRP. 

In addition, profit-taking pressure has emerged following XRP’s July 2025 rally up to $3.65. Many short-term holders have cashed out, creating strong resistance levels in the $2.20 to $2.50 range. Until new catalysts arise, Daodu claims XRP may remain confined to this range without breaking out.

Is A Major Price Breakout Ahead?

Looking forward, Daodu posits that XRP has a historical tendency to lag behind its on-chain progress before initiating explosive price moves. In both 2017 and 2020, spikes in transaction volume and wallet activity preceded significant rallies for the token’s price by several weeks.

For instance, in the third quarter of 2020, XRP’s daily transactions grew by over 40% in just two months, while the price remained flat at around $0.25, only to surge to over $0.70 within weeks in November. 

A similar scenario unfolded in late 2017, where heightened usage metrics preceded a jump in XRP’s price from $0.30 to $3.30 by early January 2018. This suggests that the current surge in on-chain transactions could be a leading indicator of a delayed price breakout for XRP. 

Featured image from DALL-E, chart from TradingView.com

Besides being a fun way to pass time, video gaming is a surprisingly affordable hobby per unit time. A console or budget PC might only cost a few hundred dollars, and modern games like Hollowknight: Silksong can provide 40-60 hours of experience for only around $20 USD. This value proposition wasn’t really there in the 80s, where arcade cabinets like Gauntlet might have cost an inflation-adjusted $8 per hour in quarters. This paradigm shift is great for gamers, but hasn’t been great for arcade owners. [PrintAndPanic] wanted to bring some of that old coin munching vibe into console gaming, and so added a credit system to Super Mario 64.

The project is a fork of a decompilation of Super Mario 64, which converts the original machine code into a human-friendly format so bugs can be fixed and other modern features added. With the code available, essentially anyone can add features into the game that weren’t there already. In this case, [PrintAndPanic] is using a Raspberry Pi connected to a coin slot, so when coins are put into the game like an old arcade machine, the Raspberry Pi can tell the modified version of Super Mario 64 to add credits. These credits allow the player to run and jump, and when the credits run out Mario becomes extremely limited and barely able to outrun even the slowest Bombombs and Goombas.

With some debugging out of the way and the custom game working, [PrintAndPanic] built a custom enclosure for the game and the coin slot to turn it into a more self-contained arcade-style machine. The modified code for this project is available on the project’s GitHub page for those who want to play a tedious version of a favorite video game that costs more money than it should.

There are plenty of other modifications for this classic as well, most of which involve improving the game instead of adding a modern microtransaction-based system.

Russian institutions have responded to a call from а public movement for joint efforts to identify cryptocurrency transfers related to drug trade. The anti-drug organization, Stopnarkotik, recently asked the interior ministry and the central bank to investigate alleged connections between U.S.-sanctioned crypto exchange Suex and a darknet market operating in the region.

Russian Authorities Respond to Stopnarkotik’s Request for Action Against Drug Trade

The Ministry of Internal Affairs of the Russian Federation (MVD) and Bank of Russia have agreed to cooperate with the All-Russian Public Movement Stopnarkotik on identifying financial flows involving cryptocurrencies obtained as a result of drug sales. The Russian online news portal Lenta.ru reported on the agreement, quoting a letter from a high-ranking MVD official.

The letter signed by Major General Andrei Yanishevsky, head of the Drug Control Department at the Interior Ministry, has been issued after a working meeting with representatives of the anti-drug organization. It comes in response to Stopnarkotik’s call for the two institutions to carry out an investigation focused on Suex, a Russia-based OTC crypto broker, and its links to other companies and banks.

In September, the U.S. Treasury Department blacklisted the Czech-registered entity Suex OTC s.r.o. which operates out of physical offices in Moscow and Saint Petersburg. The crypto platform is suspected of processing hundreds of millions of dollars in coin transactions related to scams, ransomware attacks, darknet markets, and the infamous Russian BTC-e exchange.

Since launching in 2018, Suex is believed to have received over $481 million in BTC alone. Close to $13 million came from ransomware operators such as Ryuk, Conti, and Maze, over $24 million was sent by crypto scams like Finiko, $20 million came from mixers, and another $20 million from darknet markets such as the Russia-targeting Hydra, blockchain forensics firm Chainalysis detailed in a report.

In its request to the Russian authorities, following the announcement of the U.S. sanctions, Stopnarkotik noted that Suex had been “involved in money laundering for the largest drug-selling platform.” The organization pointed out that the market’s drug trafficking in the Russian Federation amounts to an estimated $1.5 billion a year or more.

It also mentioned the name of one of Suex’s co-founders and highlighted its alleged connections with other crypto companies and financial institutions such as Exmo, a major digital asset exchange in Eastern Europe, financial services company Qiwi, a leading payment provider in Russia and the CIS countries, as well as the Ukraine-based Concord Bank.

Stopnarkotik asked Bank of Russia to provide its assessment on the matter, check if the operations of Suex and other entities are being conducted in accordance with the law in Russia, and consider blocking Russian payments to a Ukrainian organization.

“We received a response from the Ministry of Internal Affairs and the Central Bank. We also had a personal meeting with the Ministry of Internal Affairs so that they had an understanding of how we receive information, including about money laundering,” the movement’s chairman, Sergei Polozov, has been quoted as saying. He added that the Russian Interior Ministry is ready to accept Stopnarkotik’s data and work together with the organization.

Do you expect the cooperation between Stopnarkotik and Russian government institutions to develop further? Tell us in the comments section below.