Ripple Products See Record Trading Volume Amid Growing Institutional Attention
U.S. spot XRP ETFs have reached a record daily trading volume of $125 million, signaling increased investor interest in regulated XRP products.
This milestone was achieved on August 20 and indicates growing market participation and institutional attention, potentially strengthening XRP's investment appeal and the broader financial infrastructure around XRPL.
Ripple's stablecoin RLUSD has also surpassed a $2 billion market cap, with nearly $1 billion issued on the XRP Ledger, enhancing liquidity and utility within Ripple's blockchain ecosystem.