Ripple XRP Trading Volume Surges Nearly 70%: Price Poised to Follow?
Amid what has been a volatile turn of events for the digital asset, Ripple (XRP) has seen its trading volume increase by nearly 70% as its price may follow. Is this the beginning of a new XRP bull run? We analyze the factors driving this surge and what it means for investors.
XRP Price Momentum Builds: Up 4.99% in 24 Hours
Specifically Ripple’s XRP has experienced a positive price trajectory, climbing by 4.99% within the past 24 hours to reach $2.62. With a market cap exceeding $149 billion, XRP is showing significant strength.
XRP Outperforms Competitors in Q3 2025 Trading Volume
XRP's trading activity was strong in Q3 2025, with average daily volume exceeding most competitors except Bitcoin and Ethereum. This surge indicates a growing interest in XRP among traders and investors.
XRP Price Grew Against Bitcoin
Despite market volatility, XRP has demonstrated resilience and even outperformed Bitcoin in certain periods. This relative strength is attracting attention and contributing to the increased trading volume.
Factors Influencing XRP Price and Volume
Several factors could be influencing XRP's recent performance, including:
- Increased adoption of XRP for cross-border payments.
- Positive developments in the legal battle between Ripple and the SEC.
- Growing institutional interest in XRP.
XRP Faces Headwinds: Tariff Uncertainty and Economic Data
Hace 23 horas XRP extends losses below $2.20 as tariff uncertainty rattles investors. US core PCE Price Index for April meets expectations at 2.5%, down from 2.7% in March. These macroeconomic factors continue to impact XRP’s overall performance, with XRP’s volatility reflecting broader market sentiment.
What's Next for XRP?
While the recent surge in trading volume and price is encouraging, it's important to remember that the cryptocurrency market is inherently volatile. Keep abreast of the latest news and developments surrounding Ripple and the regulatory landscape to make informed investment decisions. Will XRP maintain its momentum? Stay tuned for further updates.