XRP Trading Activity Accelerates as ETF Holdings Expand

NewsFri, 04 Sep 2026 07:11:21 UTC6 hours ago

TLDR

  • XRP spot trading volume reached its highest level since February, showing stronger market activity across major exchanges.
  • Binance led August XRP trading with about $7.28 billion in spot volume, ahead of Upbit and Bithumb Korea.
  • XRP traded near $1.45 after gaining roughly 8% in 24 hours as the broader crypto market recovered.
  • Binanceโ€™s 30-day average XRP reserves fell from 3.1 billion to 2.6 billion XRP since November 2025.
  • The reserve decline returned Binanceโ€™s XRP balance average to levels last seen around February 2024.

XRP trading activity strengthened in August as volume reached its highest level since February. The rise came as XRP traded near $1.45 after gaining about 8% in 24 hours, while Bitcoin moved above $80,000 and crypto markets recovered.

XRP Trading Activity Reaches Six-Month High

CryptoQuant data showed spot XRP volume rising across exchanges in August. Binance led with $7.28 billion in trades, followed by Upbit with $4.68 billion and Bithumb Korea with $2.59 billion.

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