XRP News Today: XRP Surges 50% In Three Weeks, Ledger Activity Hits 1.5 Billion

The XRP Ledger has experienced a notable surge in activity, with nearly 1.5 billion XRP moving across accounts and transaction counts pushing upward to 1.4 million. This increase in activity coincides with XRP's price approaching its 2018 peak of $3.84, driven by renewed interest across the crypto market. The spike in ledger activity may signal growing investor confidence in the asset’s long-term potential.

XRP's recent price action has been particularly impressive, with the token experiencing a nearly 50% run 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. The chart marks a key technical breakout, similar to 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. 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. 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.