XRP News Today: XRP Sees $29 Million Trade Spike in One Minute Amid Rising Volume

Crypto influencer Xaif recently sent waves through the XRP community with a striking post on X, revealing that $29 million worth of XRP changed hands in a single minute. This sudden and intense burst in trading activity has drawn global attention, reinforcing XRP’s growing prominence in the digital asset landscape.

A one-minute trading volume of $29 million is highly unusual, even for a large-cap asset like XRP. Such surges typically point to coordinated activity by whales or institutional players, entities capable of executing massive trades without disrupting market equilibrium. Xaif’s observation comes at a time when XRP’s daily volume has already exceeded $8 billion, reflecting rising investor confidence and liquidity across global markets. This isn’t the first time XRP has experienced a rapid spike in activity. Similar volume bursts have historically preceded major price movements, either as precursors to breakouts or as liquidity reshuffling by large holders. The $29 million spike aligns with this pattern, suggesting that big players are once again maneuvering in preparation for something bigger.

At the time of writing, XRP is trading at $3.52, up 2.3% over the past 24 hours. The token recently touched a local high of $3.66, its strongest level since January, and continues to show signs of strength. Week-on-week, XRP has climbed over 23%, breaking through key resistance zones and reigniting discussions about new all-time highs. XRP’s current rally comes amid broader macro developments. The approval of U.S. crypto legislation such as the GENIUS Act, alongside increased clarity around digital asset taxation and custody rules, is fueling optimism among institutional investors. The prospect of XRP inclusion in retirement accounts and whispers of a potential spot ETF have also added fuel to the rally.

On-chain metrics further validate XRP’s recent momentum. On July 18, the XRP Ledger processed over $1.4 billion in transaction volume, alongside a 50% increase in active wallet addresses. These figures point to real-world utility and user engagement, not just speculative hype. Thanks to XRP’s ultra-fast processing time (around 3–5 seconds per transaction) and near-zero fees, the network continues to attract payment providers, remittance platforms, and fintech innovators. These fundamentals make XRP well-suited for real-time, high-volume use cases, differentiating it from many of its peers in the digital asset space.

The explosive $29 million trade spike captured by Xaif is more than a fleeting anomaly; it’s a strong signal of heightened interest and capital inflow. While volatility remains part of the equation, XRP appears to be entering a more mature phase of its market cycle. If bullish sentiment holds and regulatory clarity continues to unfold, XRP could retest its all-time high of $3.84 and potentially aim for higher targets. However, success will depend on sustained volume, continued adoption, and broader market stability. In the meantime, all eyes remain on XRP. The speed and scale of recent developments suggest that the asset is once again commanding the spotlight, and perhaps, preparing for its most significant breakout yet.