XRP Trading Surges During London-New York Business Hour Overlap

XRP's on-chain trading volume has developed a pronounced weekday peak during overlapping London and New York business hours. According to Evernorth, a three-hour window captured 23.5% of weekday on-chain XRP volume in July, up from 14.3% a year earlier.

This shift is consistent with growing institutional interest, as the same period accounted for 14.3% of volume in July 2025. However, public ledger records cannot confirm whether institutions drove this change.

The three-hour window, which spans from 1 p.m. to 4 p.m. Coordinated Universal Time, is significant because it overlaps with London's afternoon and New York's morning sessions. This creates a major liquidity period for foreign exchange markets.