According to data from CoinMarketCap, XRP's 24-hour trading volume has skyrocketed by nearly 140%, reaching $10.51 billion, while the XRP price has remained green.
XRP surged significantly on Monday, rising from a low of $2.31 to a high of $2.645. The gains sustained in the early Tuesday session; by press time, XRP was up 5.46% in the last 24 hours to $2.55, and up 21% weekly.
While XRP increased its 24-hour trading volume and remained in the green, the rest of the crypto market did not do as well. According to CoinGlass data, the cryptocurrency market has seen almost $606 million in liquidations in the last 24 hours, reflecting profit-taking following the rally across various crypto assets over the weekend.
HOT Stories Bitcoin Supply Shock Coming: Jeremie Davinci Coinbase CEO Drops Two Surprising Predictions That Could Reshape Bitcoin and Crypto Strategy's Saylor Reacts to Coinbase's Huge Milestone XRP Long Abandoned by Gigantic Whale. Here's Why
XRP/USD Daily Chart: TradingView
At press time, several crypto assets were trading in the red, with Bitcoin down more than 1%; cryptocurrencies in the top 100 had daily losses ranging from 2% to 25%.
You Might Also Like
Mon, 05/12/2025 - 15:19 XRP Returns to Top 3 Cryptos as $3 Price Now in Sight ByTomiwabold Olajide
The increase in XRP volume may indicate increased investor interest as momentum builds for its next price move, especially as it maintains critical support levels, particularly the daily SMA 50 and 200 around $2.171 and $2.139, respectively.
XRP decoupling explained
According to the on-chain analytics platform Santiment, there are a few attributable reasons that XRP has enjoyed a mild decoupling from the rest of the crypto market.
You Might Also Like
Tue, 05/13/2025 - 05:50 XRP Long Abandoned by Gigantic Whale. Here's Why ByAlex Dovbnya
These include House Bill 594, with Missouri being the first U.S. state to offer a full income tax deduction on all capital gains, including Bitcoin and XRP profits.
Second, the number of XRP holders is growing, with an 11% increase in 2025 alone. A more than 638,000 net increase in nonempty XRP wallets has been observed since the beginning of 2025, representing 11% growth. XRP is approaching 6.5 million total holders for the first time in the network's more than 12-year history. Third, XRP use is growing, being accepted as a payment method on Travala.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
