XRP News: Liquidity Rebounds as Exchange Activity Hits Six-Month High
Ripple (XRP) hovered near $1.45 in the latest XRP news on Sep. 4, climbing nearly +6% over the previous day. The move came as XRPโs spot trading volume hit its highest mark since February in August.
24-hour volume has since swelled to roughly $4.77 billion, up nearly 79% on the day and pushing the volume-to-market-cap ratio above 5%. That stretch also saw Bitcoin reclaim $80,000 and the wider crypto market bounce back. The surge in volume points to renewed trader interest, though itโs not on its own proof of a lasting bullish turn, a caveat the data itself makes clear.
XRPUSDT 1D Chartย Tradingview
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XRP News: What the XRP Spot-Volume Spike Says About Liquidity
Data shared by CryptoQuant contributor Arab Chain showed XRPโs spot trading volume climbing across several major exchanges last month, reaching its highest point since February. Binance accounted for the largest share, logging about $7.28 billion in XRP trades during August, followed by Upbit at roughly $4.68 billion and Bithumb Korea at close to $2.59 billion.
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