XRP Fires Up with 12% Gain as Cryptocurrencies Rally
Ripple (XRPUSD) has gained more than 12% in the last 24 hours, outpacing the broader crypto market’s 1.56% gain, supported by retail and institutional investors increasing bets.
Retail activities have been mixed; however, institutional tailwinds have continued to offset sell pressure. This pattern has kept the XRP price in an uptrend. The rally is expected to heat up on fear of missing out (FOMO).
With the price hovering near $2.40 on Tuesday, XRP has added more than $13 billion to the crypto market capitalisation. The broader cryptocurrency market is trending positively, led by Bitcoin and Ethereum, including BNB.
At the press time, XRP has climbed by 12.22% on the day, riding on 146% intraday trading volume spike valued at $8.04 billion. This has also lifted XRP market capitalisation close to $145 billion.
A deep dive into the market revealed that XRP Ledger has processed over 1 billion XRP in payments, which is a 10× surge from typical volumes.
This significant performance was driven by batched institutional settlements, which correlates with the start of the trading week, where delayed cross-border transactions often clear. Crypto analysts said the volume spike signals real-world usage beyond speculation, directly increasing network demand.
The market acknowledged that since each transaction consumes minimal XRP fees, averaging $0.0002, the surge reflects value transfer velocity, not just fee burning.
This utility validation attracts investors eyeing adoption-driven growth. Sustained high volumes beyond Monday settlement cycles would confirm organic demand growth.
XRP ETFs recorded 30 straight days of net inflows until December 26, accumulating faster than any altcoin ETF historically. Institutions added about $900 million during this streak, contrasting with outflows in Bitcoin/ETH products.
Technical traders entered positions as the breakout confirmed a bullish reversal, amplified by stop-loss triggers and short squeezes. With the price now testing the $2.41–$2.52 resistance zone, sustained holds above $2.30 could invite more buyers.
ETF flows create structural buying pressure by locking supply off exchanges—enhancing clarity, transparency, and confidence. XRP’s unique regulatory clarity post-SEC case makes it palatable for conservative institutions, funnelling capital that can’t access spot markets directly.
Today’s XRP’s rally combines surging real-world utility, unique institutional demand via ETFs, and technical momentum – a trifecta lacking in most altcoins. Bitcoin, Ethereum Rally Boosts Crypto Market Cap to $3trn
