• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

XRP Trading Volume Exceeds $5.6 Billion Due to Institutional Adoption

user avatar

by Giorgi Kostiuk

2 hours ago

XRP's trading volume increased by 60% over the past 24 hours, spurred by rising institutional interest and bullish market sentiment.

Surge in XRP Trading Volume

XRP's trading volume surpassed $5.6 billion, resulting from increased on-chain activity, reflecting optimism towards Ripple's technology and its real-world applications.

Impact of Institutional Interest on Crypto Market

The surge in XRP's trading volume marked a pivotal moment in the cryptocurrency market, indicating potential shifts from institutional investors. The boost signifies growing confidence in Ripple's technologies and XRP.

Historical Resilience of XRP

XRP has previously shown growth following partnerships and regulatory developments. According to CEO Brad Garlinghouse, XRP has the potential to process significant volumes of financial transactions in the future.

The increase in XRP trading volume highlights growing interest from institutional clients, potentially fostering further growth and development within the cryptocurrency market as a whole.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

$PEPE: Who Will Hold Support at 8800?

chest

An analysis of the current state of $PEPE and its key support at 8800, its role in the crypto market and possible scenarios.

user avatarGiorgi Kostiuk

Bitfinex Whale Accumulates Bitcoin: 300 BTC Daily

chest

Major Bitfinex whale resumes active Bitcoin accumulation, purchasing approximately 300 BTC daily, potentially impacting the market.

user avatarGiorgi Kostiuk

Analyzing XRP's Decline: What Does the Future Hold?

chest

The cryptocurrency XRP has dropped over 20%. Analysts discuss potential support levels and forecasts for further declines.

user avatarGiorgi Kostiuk

BlockDAG: Accessible Mining for All Users

chest

BlockDAG offers a new approach to mining by combining mobile and hardware solutions for a wide audience.

user avatarGiorgi Kostiuk

U.S. Indices Lose $1.1 Trillion After Erika McEntarfer's Dismissal

chest

U.S. stock markets faced a sharp decline following the firing of the BLS chief after a disappointing jobs report.

user avatarGiorgi Kostiuk

Overview of the Best Cryptos to Buy for 2025: Steady Growth and Real Utility

chest

The article explores the best cryptocurrencies for investment in 2025, emphasizing stable growth and real-world project utility.

user avatarGiorgi Kostiuk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.