XRP Trading Volume Explodes 9,640% on Coinbase, Hits $438 Million

XRP’s trading volume on Coinbase skyrocketed by 9,640% in just 24 hours, reaching $438 million, according to CoinGlass. This surge comes amid heightened market volatility as traders capitalize on price movements. Plus, Fox Business Journalist Eleanor Terrett revealed that XRP depository receipts (DRs) may soon be available, offering investors exposure to XRP without directly buying the token. These DRs, managed by Anchorage Bank, bridge traditional finance with crypto. Meanwhile, XRP trades at $2.42, down 4.49% daily, struggling below key resistance at $2.62, with the potential to rebound toward $3.