Unprecedented 91% Surge in XRP Trading Volume Fuels Wild Price Rally (XRP)

• In a surprising turn of events, XRP, a key player in the crypto market, has seen a significant surge in trading volume, increasing by 91% in just 24 hours.
• According to CoinGlass data, derivatives contributed $878.13 million to this surge, with spot markets adding another $932 million, a 68.56% increase from the previous day.
• Despite market volatility and ongoing legal proceedings between Ripple and the SEC, XRP’s market capitalization remains stable at $29.43 billion.

XRP sees a 91% surge in trading volume amidst market volatility and ongoing legal proceedings with the SEC, maintaining a stable market capitalization of $29.43 billion.

Unprecedented Surge in XRP Trading Volume

In an unexpected development, XRP has seen a massive increase in trading volume, rising by 91% within a 24-hour period. According to data from CoinGlass, derivatives contributed significantly to this surge, with a contribution of $878.13 million. Spot markets also played a part, adding an additional $932 million, marking a 68.56% increase from the previous day.

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