XRP Trading Volume Hits Six-Month High Amid Broader Crypto Market Rebound

Ripple's XRP token saw its spot trading volume surge to its highest level since February, reaching $4.77 billion on September 4, according to data from CryptoQuant.

The increase in volume points to renewed trader interest in the token, but it does not necessarily indicate a lasting bullish trend.

Binance accounted for the largest share of XRP trades during August, with around $7.28 billion in transactions, followed by Upbit and Bithumb Korea.