XRP News Today: XRP Market Depth Grows 35.64% as Institutional Interest Surges

XRP, the digital asset associated with Ripple, has shown notable growth in market depth, indicating a transition from speculative trading to a more mature and stable asset class. This shift is underscored by the increasing recognition of XRP as a significant player in the digital asset landscape, as noted by prominent crypto exchange Kraken. The enhanced market depth suggests that XRP is attracting more institutional investors and is being integrated into various financial systems, moving beyond its initial perception as a speculative coin.

The growing maturity of XRP is evident in its ability to sustain value and attract a broader range of investors. This development is crucial for the long-term viability of XRP, as it reduces volatility and increases its utility in real-world applications. The increased market depth also reflects a more robust ecosystem around XRP, with more participants and liquidity providers contributing to its stability.

Kraken's observations align with the broader trend of digital assets maturing and gaining acceptance in traditional financial markets. As more institutions and investors recognize the potential of XRP, its market depth continues to grow, further solidifying its position in the digital asset landscape. This maturation process is essential for the long-term success of XRP, as it ensures that the asset can withstand market fluctuations and maintain its value over time.

Amelie, a popular crypto influencer, highlighted recent trading trends for XRP, praising what she described as “growing maturity beyond speculative breakout.” Her observation is supported by updated market data showing significant growth and consistency in XRP’s average daily trading volume, particularly over the past six months. An analysis of average daily USD trading volumes for Bitcoin (BTC), Ethereum (ETH), and XRP across different exchanges reveals an increasing depth in XRP markets. While BTC and ETH dominate overall volume, XRP’s trading activity has become more stable and pronounced.

In Amelie's analysis, XRP consistently shows sustained volume activity, especially from late 2024 into early 2025, contrasting with the relatively low volume in the months leading up to November 2024. The volume spike began around the time XRP started its remarkable surge. Shortly after the former SEC Chair Gary Gensler announced his resignation date in November, the digital asset began climbing, rising consistently until it hit a multi-year peak of $3.39 in January. The chart shows that the digital asset experienced its most notable volume spikes within this period. In early February, XRP took things further, posting its highest volume ever on the 1-hour chart.

The accompanying data table on average daily trading volume by exchange further illustrates XRP’s standing. A crypto researcher recently ranked Coinbase as the top exchange for XRP by trading volume, and Amelie’s chart confirms this, with a volume of $152 million on the exchange. Coinbase takes a substantial portion of the $226.8 million recorded across all listed exchanges, while Kraken follows with $30.8 million. LMAX and Bitstamp contribute $26.4 million and $17.6 million, respectively. Compared to BTC and ETH, XRP still trails in total volume. BTC averages $1.997 billion per day across the included exchanges, and ETH averages $952.5 million. However, the proportion of XRP volume to total activity, particularly on exchanges like Coinbase and Kraken, points to growing investor engagement with the asset.

Amelie pointed out that XRP’s expansion is not driven solely by speculative surges. Instead, the data suggests a shift toward more measured and sustained trading behavior. The asset is currently trading at $2.4, and has a 24-hour volume of $3.94 billion, up 35.64% from yesterday, reinforcing the increasing investor participation. The ongoing Flaredrop, which actively doubles XRP and XLM holdings, is an example of the innovative initiatives that are driving the growth and maturity of XRP. These initiatives not only attract new investors but also enhance the overall liquidity and stability of the asset. As more such initiatives are implemented, XRP is likely to continue its trajectory towards becoming a mainstream digital asset.