XRP Trading Volume Hits $3 Billion Amid Surging Demand
XRP's trading volume has reached approximately $3 billion over the past 24 hours, reflecting significant market activity and increasing investor interest in the token. Despite this surge, XRP's price pulled back to around $1.36.
This unexpected pullback can be attributed to various factors, including profit-taking by investors who had bought into the recent rally, leveraged liquidations, and changes in whale portfolios. The influx of ETF capital also failed to boost the price, as some analysts suggest that these funds may not yet be fully deployed or integrated into the spot market.
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