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XRP Spot Volume Surges to Over $12 Billion Amid Price Recovery

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XRP's spot volume has surged to over $12.5 billion across 10 major exchanges in just seven days, pushing its price recovery from the $1 region.

The surge is broad-based, with Binance, Upbit, and Coinbase generating about $8.11 billion in combined seven-day XRP spot volume, while OKX added $970.58 million, Kraken $827.28 million, Bybit $697.30 million, Gate $628.11 million, Bitstamp $531.67 million, Bitget $500.98 million, and Crypto.com $302.03 million.

XRP's market capitalization is near $94.55 billion, and its price has gained 50% on the weekly chart to trade at $1.49 per CoinCodex data.

Market analyst Diana notes that XRP needs to overcome the $1.53, $1.64 resistance zone before a larger breakout can develop.

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