XRP Faces Short-Term Pullback Amid Surging Trading Volume: What’s Next for the Cryptocurrency?
Ripple's XRP experienced a 3.16% dip to $2.86 on July 15, 2025, retreating from its recent high of $2.95 despite a significant 25.71% surge in 24-hour trading volume, which reached $11.6 billion. This divergence between price action and trading volume suggests active repositioning by traders following XRP's impressive 26.57% weekly gain. The cryptocurrency's market capitalization remained stable at $169.1 billion, indicating strong underlying support. Meanwhile, the altcoin market showed mixed performance, with Bonk, Curve DAO Token, and Sei leading the gainers while MemeCore and XDC Network underperformed. The notable spike in trading volume during XRP's price decline has caught the attention of market watchers, who are now speculating about the cryptocurrency's next potential move. This activity comes as the broader crypto market continues to show signs of renewed bullish sentiment, with XRP maintaining its position as one of the top performers in the weekly charts despite the recent pullback.
XRP Price Dips Amid Increased Trading Volume as Market Watches for Next Move
Ripple's XRP fell 3.16% to $2.86 on Tuesday, retreating from $2.95 despite a 25.71% surge in 24-hour trading volume to $11.6 billion. The divergence suggests active repositioning by traders following XRP's 26.57% weekly gain, with market capitalization holding at $169.1 billion.
Bonk, Curve DAO Token, and SEI led altcoin gainers while MemeCore and XDC Network underperformed. The volume spike during price declines typically signals either profit-taking or accumulation before the next directional move.
Token listings continue to serve as bullish catalysts by expanding liquidity pools and investor access. Conversely, security breaches remain systemic risks, with exploiters increasingly targeting cross-chain bridges and exchange hot wallets.
Whale Activity and Open Interest Surge Signal Potential XRP Rally
XRP's market dynamics are flashing bullish signals as whale movements and open interest converge. Over $500 million worth of XRP shifted between unknown wallets, coinciding with a spike in Coinbase trading volume to $413 million. This divergence between public exchange activity and off-chain accumulation suggests strategic positioning by large holders.
Open interest surged 11% to $2.92 billion, reflecting heightened Leveraged trading. Binance's 64% long bias indicates retail traders are chasing what appears to be a whale-driven setup. The silent accumulation pattern typically precedes significant price movements, though the short-term direction remains uncertain amidst these competing signals.
Canada’s 3IQ XRP ETF Surpasses $50M AUM Within Weeks of Launch
Canada's largest XRP-focused exchange-traded fund, managed by 3IQ, has crossed $50 million in assets under management less than a month after its June 18 debut. The fund, listed as XRPQ and XRPQ.U on the Toronto Stock Exchange, is among North America's first publicly traded vehicles offering direct exposure to XRP.
Bloomberg analysts now estimate a 95% probability of an XRP spot ETF approval in the US, reflecting growing institutional interest. The ETF's rapid accumulation of CAD 23 million ($16.7 million) within 72 hours of launch demonstrates strong market demand, further bolstered by Ripple's direct investment and a six-month 0% management fee promotion.
3IQ President Pascal St-Jean attributes this success to increasing investor sophistication, noting selective allocations toward assets with clear utility cases. Holdings are sourced exclusively from regulated platforms and OTC counterparties, providing a compliant gateway to XRP exposure.
SEC Approves ProShares XRP ETF—Launch Imminent
The US Securities and Exchange Commission has greenlit the ProShares Ultra XRP ETF, marking a pivotal moment for cryptocurrency investment vehicles. The leveraged futures-based fund, set to trade under the ticker UXRP on NYSE Arca, aims to deliver double the daily performance of an XRP index without direct token ownership. Approval triggered a 25% surge in XRP's price as traders anticipate the ETF's launch by week's end.
ProShares' derivative-based approach—using futures contracts and swap agreements—caters to short-term speculative trading rather than long-term holdings. The DTCC eligibility listing confirms operational readiness, though the product page remains inactive for live trading. Two additional XRP-linked ETFs, including an inverse product (XRPS), are under regulatory review.
Former SEC Lawyer Clarifies Delay in Ripple vs. SEC Lawsuit
The protracted legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has entered its fifth year, with no definitive resolution in sight. Despite favorable developments for XRP supporters in recent months, the case remains unresolved, fueling speculation about the underlying delays.
Former SEC attorney Marc Fagel has stepped in to dispel misconceptions, clarifying that the holdup stems from procedural requirements rather than regulatory obstinacy. Judge Analisa Torres has mandated strict adherence to due process as both parties navigate motions to dismiss—a detail often overlooked in community debates.
XRP enthusiasts had speculated whether SEC's evolving stance on crypto could accelerate the case's conclusion. However, Fagel's intervention underscores the judiciary's role as the primary bottleneck, not the Commission itself. The clarification comes amid heated discussions about potential ripple effects on Ripple's pending banking license application.
Ripple’s XRP in the Spotlight — What’s Going On?
XRP has surged to a four-month high, nearing its all-time peak as market Optimism grows. The token broke free from a weeks-long consolidation between $2.2 and $2.3, rallying past $3 amid favorable regulatory developments and bullish sentiment.
Analysts highlight XRP's decoupling from Bitcoin's price action as a sign of strengthening independent momentum. Santiment data confirms heightened social media activity among the 'XRP Army,' correlating with the asset's upward trajectory.
While the token has since retraced from its recent peak, the breach of key resistance levels suggests potential for further appreciation. Market watchers now debate whether XRP can surpass its historic $3.40 benchmark set in 2018.