XRP Soars: $1.38B Daily Volume Fuels Rally as It Dominates Coinbase Trading
XRP bulls are charging again—liquidity floods in as the asset clocks a staggering $1.38B in 24-hour volume. Coinbase traders pile in, making it the platform’s top-traded crypto. Here’s why the momentum isn’t slowing.
Volume Tells the Story
When a token cracks the billion-dollar volume mark, institutions notice. XRP’s latest surge isn’t just retail FOMO—it’s a liquidity magnet pulling in whales and algos alike.
Coinbase Effect in Full Force
Topping Coinbase’s trading charts isn’t just bragging rights. It’s a gateway to mainstream liquidity—and yet another headache for SEC lawyers still nursing their 2023 courtroom loss.
The cynical take? Traders love volatility more than they hate regulatory uncertainty. XRP delivers both—with a side of 24% monthly gains. Classic crypto.
U.S. House crypto bills spark regulatory clarity
A breakout came shortly after the U.S. House of Representatives passed two prominent cryptocurrency bills. The GENIUS Act and the Digital Asset Market CLARITY Act garnered robust bipartisan support, as they offer explicit regulations on stablecoin support and regulation. The two bills eliminate the legal uncertainty with which XRP has historically been treated to being a security under the American securities law.
The GENIUS Act requires stablecoin issuers to have one-to-one dollar reserves and increases transparency standards. The CLARITY Act clarifies jurisdiction provisions involving digital assets between the SEC and CFTC. These developments create a favorable environment for tokens like XRP that have faced prolonged litigation and regulatory hurdles.
Given that Ripple has had its fair share of classification challenges in the past, especially by the SEC, such a level of clarity serves as a game-changer, which can open up more on-chain liquidity and infrastructure coverage in the regulated areas.
Banking ambitions and ETF outlook lift sentiment
Ripple’s recent filing for a U.S. banking license and Federal Reserve master account signals a broader push into the regulated financial system. The approval would allow Ripple direct access to federal payment networks, which could see Ripple as a settlement LAYER in cross-border payments.
At the same time, institutional demand is increasing. VivoPower and Webus disclosed intentions of purchasing $421 million in XRP in an attempt to diversify their treasuries. The entry of large buyers is amplifying the bullish pressure.
The prospect of a U.S.-listed spot XRP ETF has also raised market interest. Polymarket traders believe there is an 85% chance that the SEC will approve such a product in 2025.
The successes of spot Bitcoin and ethereum ETFs have brought more credibility to the prospects of XRP, as regulatory clarity gains ground. XRP has experienced a huge change in positioning, with President Trump giving the crypto sector his support and large-scale legislative impetus, which was witnessed during “Crypto Week.”
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