XRP on-chain activity is running at 4.1x its own baseline

XRP cleared the 'on fire' thresholds in the last hour, with 29 transfers moving $289.0K against a baseline of 1.0x.

The 4.1x multiple is measured against XRP's own baseline, not raw market volume, which is where attention starts. The activity rate and the minimum activity test both cleared, meaning the spike is not just a percentage anomaly but also backed by a concrete number of transfers and dollar volume.

The combination of a multi-fold baseline spike with 29 observed transfers makes this a regime change in activity, not a single large outlier. Attention is elevated relative to XRP's own norm.

Whether this persists or mean-reverts depends on the coming hourly windows, and heat alone says nothing about direction.