XRP News Today: XRP Surges 6% as Trading Volume Quadruples

XRP, the cryptocurrency associated with Ripple, experienced a significant surge of nearly 6% in a late-session breakout. This rally was driven by a substantial increase in trading volume, which quadrupled its hourly average, confirming a new support zone above the $2.20 threshold. The market's strong demand was evident as whale wallets moved hundreds of millions of dollars worth of XRP, yet the market remained resilient, indicating robust underlying demand.

The breakout occurred as global risk sentiment stabilized slightly, with crypto markets rallying across the board. XRP led this charge, jumping from $2.19 to $2.20 in the final hour of the session. The volume during the breakout hour hit 108.12 million, nearly four times the average, establishing the move as a technically significant surge backed by real capital. On-chain data revealed major XRP transfers, including a $58 million whale transfer to Coinbase and a separate $439 million movement by Ripple to an unidentified wallet. Despite this typically bearish activity, XRP held firm, underscoring increasing confidence in the asset’s near-term prospects.

The Ripple v. SEC case remains a key factor, with regulatory clarity potentially boosting XRP’s future. Meanwhile, Google Trends data shows a fresh wave of retail interest, with searches for “XRP to $3” accelerating. Technical analysts are watching the July–September breakout window closely, with some models projecting upside targets between $3 and $5. The price action of XRP over the 24-hour period was within a $0.056 range from $2.173 to $2.229, with the most decisive move occurring during the final hour when the token surged nearly 6%. After peaking at $2.23, XRP pulled back slightly and consolidated between $2.19 and $2.20. Despite whale movement, support held firm at $2.17.

Intra-hour activity confirmed strength: the price began climbing at 01:28 UTC, breaking above $2.19 before volume exploded at 01:33–01:34, topping 2.7 million XRP per minute. The rally pushed XRP to $2.21 at 01:36, before settling into a tight consolidation range above $2.19. Strong bid interest re-emerged at 02:00, signaling continuation potential. The technical analysis recap shows that XRP gained 5.87% from $2.19 to $2.20 in the final session hour, with volume spiking to 108.12M XRP—nearly 4x the hourly average. The price reached a session high of $2.23 before consolidating above $2.20. Support formed at $2.17–$2.19; resistance now sits at $2.23. The breakout began at 01:28, followed by a massive volume burst at 01:33.