Crypto
XRP's Six-Month Volume High May Signal Improved Liquidity
XRP prices hovered near $1.45 on September 4, increasing by nearly 6% over the previous day.
This move came as XRP's spot trading volume hit its highest mark since February in August, with a 24-hour volume of roughly $4.77 billion and a surge of nearly 79% on the day.
The volume-to-market-cap ratio has exceeded 5%, indicating renewed trader interest, though it is not proof of a lasting bullish turn.
XRP's spot trading volume climbed across several major exchanges in August, with Binance accounting for the largest share at approximately $7.28 billion.