XRP Sees 23% Weekday Trading Volume Surge During London-New York Overlap

XRP's on-chain trading activity has increased significantly during overlapping London and New York business hours. According to Evernorth, a company that manages XRP treasuries, this three-hour window accounts for 23.5% of weekday on-chain volume in July, up from 14.3% a year earlier.

The highlighted period captures the overlap between London's afternoon and New York's morning, which is significant in global finance as both centers operate simultaneously, creating a major liquidity period for foreign exchange markets.

Evernorth noted that this shift is consistent with growing institutional interest in XRP. However, public blockchain records cannot confirm whether institutions drove the shift.