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

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Qadir AK

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.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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