XRP Volume Soars 41% Amid Return to Positive Momentum

XRP is capturing renewed attention as its trading activity surged significantly, signaling a potential shift in market dynamics. Recent data shows an impressive spike in XRP volume, paired with a return to positive price movement, stirring optimism among traders and investors alike.

According to the latest figures from CoinMarketCap, XRP’s 24-hour trading volume climbed by 41%, reaching a substantial $2.13 billion. This surge in activity signifies growing market participation, as traders appear to be positioning themselves for a potential larger-scale rally.

At the same time, XRP’s price experienced a modest but encouraging rise of 2.01%, pushing the asset up to $2.34. After facing sharp market corrections over the preceding weekend, this uptick represents a critical pivot back into bullish territory. The token’s trading activity now oscillates within the $2 to $2.65 range, suggesting that it may be in a consolidation phase before a potential breakout.

The rebound to $2.34 marks a pivotal moment following volatile moves that saw XRP dip to $2.28, after testing highs of $2.48 on May 23. Despite facing further declines to $2.26 on Saturday, the asset showed resilience by closing in the green for both Saturday and Sunday sessions. At the current trading level, XRP maintains those gains, which could become the launchpad for further upward movement if positive sentiment holds.

Looking ahead, XRP faces immediate resistance levels at $2.48 and $2.65. Should buying momentum persist, there’s speculation it could approach a psychological barrier at $3. On the downside, market watchers are monitoring support near the 50- and 200-day moving averages at $2.22 and $2.26 respectively.

Further bolstering XRP’s market confidence, Ripple’s blockchain infrastructure continues gaining traction in real-world applications. In a notable development, the XRP Ledger (XRPL) has been selected to underpin a significant real estate initiative in Dubai. RippleX announced via Twitter that the XRPL would power the Dubai Land Department’s Real Estate Tokenization Project in partnership with Ctrl Alt.

This groundbreaking collaboration also involves the Virtual Assets Regulatory Authority, the Dubai Future Foundation, and Prypco. It signifies a major milestone in asset tokenization and cements XRPL’s position as a preferred blockchain platform for large-scale, regulated applications. The decision by authoritative Emirati institutions to adopt XRPL underscores its technical capability, compliance standards, and real-world utility.

Meanwhile, the XRP environment continues to evolve with growing adoption. Recently, Braza Group introduced the USDB stablecoin on the XRPL network. Around the same time, Schuman Financial launched EURØP, the first MiCA-compliant euro-steady asset on XRPL. These implementations demonstrate how Ripple’s blockchain is being utilized to build a robust digital finance ecosystem across global markets.

Related: Expert Advice: Sell XRP If You’re Confused

In summary, XRP is showing signs of renewed strength as both market dynamics and technological developments align favorably. The notable rise in transaction volume indicates increasing trader confidence, and price momentum reflects market recovery. At the same time, real-world integrations and stablecoin adoption on XRPL highlight the expanding influence Ripple is commanding within the blockchain sector.