XRP News Today: XRP Ledger Activity Surges 50% as Price Hits 2018 Peak

Generated by AI AgentCoin World
Sunday, Jul 20, 2025 4:12 pm ET2min read
Aime RobotAime Summary

- XRP Ledger activity surged 50% with $1.4B daily transactions as price hit $3.70, surpassing its 2018 peak.

- Derivatives open interest and active address growth reflect strong institutional and retail bullish sentiment.

- Market gains are driven by regulatory clarity, ETF speculation, and XRP's potential to disrupt global payments.

- Ripple's silence contrasts with CTO's acknowledgment of unprecedented developer and institutional confidence in XRPL.

- Sustained momentum suggests continued growth, though regulatory scrutiny and market volatility remain risks.

The XRP Ledger has experienced a notable surge in activity, with daily transaction volume reaching $1.4 billion on July 18, 2025. This surge coincides with XRP's price nearing its 2018 peak, indicating a strong correlation between market sentiment and ledger activity. The recent price rally, which saw XRP surge by 25% over the past week, briefly reaching $3.54, has been driven by growing investor confidence in its potential to disrupt the global payments industry. This confidence is further bolstered by the surge in active addresses, which has increased by 50%, signaling strong bullish momentum and rising demand.

The heightened activity in the XRP Ledger is not only reflected in the transaction volume but also in the derivatives markets. Open interest in XRP derivatives has climbed, indicating that traders are increasingly bullish on the cryptocurrency's prospects. This bullish sentiment is further supported by regulatory clarity and speculation surrounding potential ETF approvals, which have contributed to the overall market rally.

The surge in XRP's price and ledger activity is a testament to the growing interest and confidence in the cryptocurrency. As the market continues to flourish, with other major cryptocurrencies such as Bitcoin and Ethereum also experiencing significant gains, XRP's performance stands out. The recent price action, which saw XRP reach a new high of $3.70, surpassing its 2018 peak of $3.40, underscores the strength of the current rally. This rally is driven by a combination of factors, including growing investor confidence, regulatory clarity, and speculation surrounding potential ETF approvals.

The surge in XRP's price and ledger activity is likely to continue as long as market sentiment remains bullish. The recent price rally, which has seen XRP surge by 50% in three weeks, is a clear indication of the growing interest and confidence in the cryptocurrency. As the market continues to flourish, XRP's performance is likely to remain strong, driven by a combination of factors, including growing investor confidence, regulatory clarity, and speculation surrounding potential ETF approvals. The recent surge in active addresses, which has increased by 50%, further supports this bullish outlook, indicating that there is strong demand for XRP in the market.

Despite the increased activity, there have been no statements from Ripple executives, although CTO David Schwartz has stated, "We’re witnessing an unprecedented spike in XRPL activity, marking renewed confidence from both the developer ecosystem and institutional players." The immediate market impact includes a boost in XRP value and significant transaction volume, indicating increased liquidity. This development is reflective of broader cryptocurrency market trends, with notable increases in other major tokens. The market conditions appear favorable for institutional investors, leading to expanded accumulation patterns.

Activity spikes often predict XRP pricing trends, similar to historical bullish movements. The latest increase in XRP value parallels broader cryptocurrencies' performance gains. Potential outcomes include heightened regulatory scrutiny, possible growth in technological adoption, and adjustment in market strategies. Past trends suggest a mixed response with both short-term gains and long-term institutional accumulation.

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