XRP trading volume hits six-month high, price nears $1.45
Ripple (XRP) hovered near $1.45 on Sep. 4, up about 6% day-over-day, as spot trading volume reached a six-month high in August. 24-hour volume rose to roughly $4.77 billion, up around 79%, lifting the volume-to-market-cap ratio above 5%. Bitcoin reclaimed $80,000, and the wider market bounced. The volume surge signals increased participation, not confirmation of a bullish trend.
XRPUSDT 1D Chart Tradingview
XRP Spot-Volume Spike: Liquidity Signal
CryptoQuant contributor Arab Chain reported XRP spot volume across major exchanges at its highest since February: Binance about $7.28 billion in August; Upbit roughly $4.68 billion; Bithumb Korea close to $2.59 billion. Bybit processed around $1.40 billion; Gate.io near $1.33 billion; KuCoin about $1.23 billion; Bitget $918.5 million; Coinbase $915.4 million.
XRP Spot Trading Volume Cryptoquant
Higher volume indicates more active buyers and sellers. A sustained pace would improve liquidity and help absorb larger price swings. Monitor this against XRP’s order-book depth and recent trading flows: participation has increased while confirmed price strength has lagged.
Price ranges: last day about $1.35–$1.48; last week about $1.31–$1.48. The weekly change of 1.4% shows gains concentrated in a single move, consistent with rallies toward $1.50 cooling rather than extending.
Market Context and Signal Limits
Bitcoin moved above $80,000 after a dip near $76,200 amid Middle East tension, setting the tone for altcoins. XRP gained 9% on the day and cleared $1.40, while ETH approached $2,500 and BNB pushed above $720.
Momentum profile: XRP up around 36% on the month; still about 49% below levels a year ago and roughly 60% under the all-time high of $3.65 set in July 2025. The volume high is a participation signal. Price action over the past week points to a single catalyst rather than steady accumulation. September trading data will clarify whether liquidity gains persist or fade with the broader market’s rebound.
