XRP Faces Short-Term Dip Amid Surging Trading Volume and Market Repositioning
Ripple’s XRP experienced a 3.44% decline to $2.10, despite a significant 32.53% surge in 24-hour trading volume, reaching $2.48 billion. This divergence suggests active profit-taking or portfolio rebalancing by traders anticipating potential price movements. Despite the recent dip, XRP maintains an 8.14% weekly gain and a robust market capitalization of $122.86 billion. Meanwhile, the broader market saw mixed performances, with Pudgy Penguins and XDC Network leading the gainers, while Raydium and Flare underperformed. As investors eye emerging competitors, the XRP price rally appears to be stalling, prompting traders to reassess their positions in the dynamic cryptocurrency landscape.
XRP Price Dips Amid Surging Volume as Traders Reposition
Ripple’s XRP fell 3.44% to $2.10, with 24-hour trading volume jumping 32.53% to $2.48 billion. The divergence suggests active profit-taking or portfolio rebalancing ahead of potential price movements.
The token remains up 8.14% weekly, maintaining a $122.86 billion market cap. Market-wide, Pudgy Penguins and XDC Network led gainers while Raydium and Flare underperformed.
XRP Price Rally Stalls as Investors Eye Emerging Competitor ’XRP 2.0’
XRP’s upward momentum has stalled, with the token hovering around $2.20 despite favorable legal developments and growing institutional interest. While Ripple remains dominant in cross-border payments, a new DeFi token, Mutuum Finance (MUTM), is attracting attention as a potential successor—dubbed ’XRP 2.0.’
Mutuum Finance, priced at $0.06 in its current phase, promises 140% returns for early investors before its open-market debut. The project has already raised over $7.6 million and counts more than 9,500 holders. Its rapid adoption and ambitious utility claims evoke comparisons to XRP’s early days.
As XRP consolidates, the market’s focus may shift to this emerging contender, which aims to replicate—or surpass—Ripple’s breakout trajectory.
Gemini Lists Ripple’s RLUSD Stablecoin, Triggering 63.7% Trading Volume Surge
Gemini has added Ripple’s RLUSD stablecoin to its trading platform, marking a pivotal moment for the digital asset’s global adoption. The announcement, made via Gemini’s official X account, immediately fueled market activity, with RLUSD’s 24-hour trading volume jumping 63.7% to over $52 million.
The exchange now joins Bitstamp and Kraken in supporting RLUSD trading, reinforcing the stablecoin’s growing liquidity infrastructure. This development signals accelerating institutional confidence in Ripple’s dollar-pegged offering as stablecoins continue gaining traction across crypto markets.
Crypto Analyst Predicts XRP Price Surge Above $6 Amid Market Consolidation
XRP’s price action remains subdued as the altcoin struggles to break out of its consolidation phase. Despite multiple support tests, a decisive uptrend has yet to materialize. Crypto analyst Dark Defender suggests a fifth wave count could propel XRP past $6, citing the $2.13 support level as a critical inflection point for bears.
Market participants anticipate an impending altcoin season, which may amplify XRP’s upside potential. The token recently retested and rejected at $2.22 before retreating to current levels. Technical patterns indicate accumulating bullish momentum beneath the surface of sideways trading.
Ripple’s Q1 2025: XRP Spot Volume Surges While On-Chain Activity Drops Sharply
XRP’s spot trading volume remained robust in Q1 2025, averaging $3.2 billion daily across major exchanges. A late-January surge pushed volumes above $16 billion before a gradual March decline. Binance dominated with 40% market share, followed by Upbit (15%) and Coinbase (12%).
Fiat trading pairs gained traction, with USD and stablecoin volumes rising from 25% to 29% of total activity. This shift signals growing institutional interest in XRP markets. Meanwhile, on-chain transactions on the XRP Ledger saw contrasting declines, suggesting a divergence between trading enthusiasm and network utility.
Analyst Highlights 5 Key Drivers Potentially Suppressing XRP’s Price
Allegations of coordinated manipulation have surfaced, with Ripple’s substantial XRP holdings, monthly sales, and institutional involvement cited as potential factors. The SEC’s December 2020 lawsuit against Ripple, alleging an unregistered securities offering, dealt a severe blow to XRP’s price trajectory.
While the broader crypto market rallied, XRP remained stagnant. A pseudonymous analyst noted, "It didn’t just slow XRP down — it stole years of growth." With Ripple’s recent legal victory, speculation now shifts to whether market forces or other suppressed dynamics are at play.