XRP Trading Activity Hits Highest Level Since February as Price Jumps 8%
XRP’s spot buying and selling quantity climbed to its highest stage since February throughout August, and the token’s worth is now up roughly 8% within the final day to commerce close to $1.45.
The pickup in buying and selling exercise landed as the broader crypto market got here again to life, with Bitcoin clearing $80,000 for the primary time in per week and altcoins shifting proper together with it.
Volume Returns Across Major Exchanges
Data shared by CryptoQuant contributor Arab Chain showed XRP’s spot buying and selling quantity rising throughout a number of main exchanges final month, reaching its highest level since February.
Binance accounted for the biggest share, logging about $7.28 billion in XRP trades throughout August, adopted by Upbit at round $4.68 billion and Bithumb Korea at near $2.59 billion.
Bybit processed about $1.40 billion, Gate.io round $1.33 billion, and KuCoin close to $1.23 billion, whereas Bitget and Coinbase every got here in slightly below the billion-dollar mark, at $918.5 million and $915.4 million, respectively.
On its personal, a leap in buying and selling quantity doesn’t level to increased or decrease costs forward. It merely means extra consumers and sellers are energetic. Still, hitting a six-month high on quantity factors to an actual enchancment in liquidity round XRP, and if that tempo holds, it might assist the token take in larger worth swings going ahead.
Price Follows the Rest of the Market Higher
XRP is altering palms round $1.45 as of this writing, up greater than 6% within the final 24 hours, per CoinGecko. The token has traded between $1.35 and $1.48 within the final day and between $1.31 and $1.48 within the final week, and the weekly change of simply 1.4% suggests many of the current achieve got here in a single fast transfer reasonably than a gentle climb.
Looking additional out, XRP is up round 36% on the month, although it nonetheless sits about 49% under the place it was a yr in the past and roughly 60% beneath its all-time high of $3.65, reached in July 2025.
The transfer ties right into a wider rebound that took maintain on Thursday, when Bitcoin pushed previous $80,000 for the primary time in per week, as CryptoPotato reported earlier, after briefly dipping to a 10-day low close to $76,200 amid pressure within the Middle East.
XRP was among the many larger movers in that stretch, gaining 9% on the day and clearing $1.40, forward of ETH’s climb towards $2,500 and BNB’s push above $720.
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