Volume surge fuels gains $XRP
The strong bullish momentum surrounding XRP was evident as its price jumped from $1.47 to $1.71. This spike coincided with a 127.03% jump in 24-hour trading volume, likely driven by major market events or significant news.
This $11 billion volume spike contrasts with Ripple’s usual $200 million in monthly sales, which now appears minimal in comparison.
XRP’s strong daily performance reflects growing market participation and optimism. Investors appear unfazed by past skepticism surrounding Ripple’s escrow releases, with some critics of the practice reconsidering their positions.