XRP trading volume surged by 170%, reaching $1.035 billion.
Nearly 10 million XRP locked in XRP Ledger’s AMM pool, indicating significant growth.
Trading volumes for XRP have increased noticeably, even as the market as a whole is experiencing a major sell-off. CoinMarketCap data show that in the past 24 hours, XRP’s trading volume has climbed by 170% to $1.035 billion.
This upsurge occurs amid a period of severe correction in the cryptocurrency industry, which includes big players like Bitcoin.
Cryptocurrencies fell much more into a slump on Monday, with Bitcoin (BTC) falling to around $60,000. The same time frame saw even more significant declines in altcoins.
CoinGlass reports that this unexpected market decline resulted in the liquidation of leveraged derivatives trading positions across all digital assets, totaling over $281 million. Of this amount, key tokens had losses of up to 10% and over $259 million in crypto longs were sold in the last 24 hours.
XRP’s Resilience Amid B

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