XRP News Today: XRP Ledger Sees $1.4 Billion Daily Volume Surge As Price Hits 2018 Peak

The XRP Ledger has experienced a notable surge in activity, with daily transaction volumes reaching $1.4 billion on July 18, marking the highest level since early 2025. This surge coincides with XRP's price approaching its 2018 peak of $3.84, indicating a renewed interest in the cryptocurrency. The ledger activity has seen nearly 1.5 billion XRP moving across accounts, with transaction counts pushing upward to 1.4 million. This increase in activity suggests growing investor confidence in XRP's long-term potential.

XRP's recent price action has been particularly noteworthy, with the token experiencing a nearly 50% increase in less than three weeks, rising from less than $2.40 in early July to over $3.60. This surge has seen the token reach a new high of $3.70, surpassing its 2018 peak of $3.40. The price near $28—within the range of $20–$30 by year-end in an explosive cycle. The recent surge in XRP price saw the token reach a new high of $3.70, surpassing its 2018 peak of $3.40. This price action is a significant milestone for XRP, as it had not reached this level since January 2018, when it peaked around $3.40 to $3.41. The 2025 surge marks a new all-time high for XRP, indicating a strong bullish momentum.

Adding to market speculation, Ripple co-founder Chris Larsen reportedly transferred $26 million in XRP to Coinbase on the same day prices hit a seven-month high. Though the intent behind the move remains unconfirmed, large exchange transfers are often interpreted as possible sell-side activity. The spike in activity is concentrated at key support levels, notably $3.34, where volume spikes suggest strategic buying. This technical breakout is reminiscent of XRP's price action during the 2017–2018 cycle when the asset surged parabolically.

XRP's technology could transform global payments. Its speed and low cost set it apart from other cryptocurrencies, making it a viable alternative for cross-border transactions. The recent surge in XRP's price and ledger activity is likely driven by growing investor confidence in its potential to disrupt the global payments industry. The heightened activity in XRP derivatives markets, with open interest climbing, further supports this bullish sentiment.

Ripple Labs, led by Brad Garlinghouse and CTO David Schwartz, is directing the XRP Ledger revival strategy. Increased settlement activity and reduced reliance on traditional systems echo Ripple's future vision. Major whales moved over 20.5 million XRP to Coinbase, highlighting substantial shifts. The XRP price increase coincides with rising Bitcoin and Ethereum values, catalyzing a broader market rally. Institutional players cite faster and cost-effective transactions as driving factors. XRP sees mounting institutional adoption amid political trends favoring digital assets.

As financial systems align with blockchain technology, XRP’s pivotal role may grow. This trend suggests a potential shift in regulatory landscapes, likely enhancing XRP's appeal among financial entities. Ripple explores potential ramifications, targeting a substantial volume capture from traditional platforms. Ripple Labs has stated that the XRPL could capture 14 percent of SWIFT’s volume within five years. Ripple's strategies are informed by substantial industry commentary, as seen in events like the Apex XRPL Summit, which contribute to shaping market sentiment. This aligns with predictions of enhanced adoption across various market segments.