{"id":391147,"date":"2025-05-04T06:24:37","date_gmt":"2025-05-04T00:54:37","guid":{"rendered":"https:\/\/dripp.zone\/news\/ripple-xrp-update-xrp-trading-volume-drops-32-falls-to-1-44-billion-crypto-news\/"},"modified":"2025-05-04T06:24:37","modified_gmt":"2025-05-04T00:54:37","slug":"ripple-xrp-update-xrp-trading-volume-drops-32-falls-to-1-44-billion-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/ripple-xrp-update-xrp-trading-volume-drops-32-falls-to-1-44-billion-crypto-news\/","title":{"rendered":"Ripple (XRP) Update: XRP Trading Volume Drops 32%, Falls to $1.44 Billion &#8211; Crypto News"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"800\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/05\/Ripple-XRP-Update-XRP-Trading-Volume-Drops-32-Falls-to-1.44-Billion.jpg\" class=\"attachment-full size-full wp-post-image\" alt=\"Ripple (XRP) Update: XRP Trading Volume Drops 32%, Falls to $1.44 Billion\" style=\"float:right;margin:0 0 10px 10px\" \/><\/p>\n<p><span style=\"font-weight: 400\">Ripple Labs-affiliated coin is in the spotlight as the XRP trading volume and price show bearish consolidation on the daily chart. At the time of writing, the XRP price had slipped by 0.16% in 24 hours and is now changing hands for $2.191. The digital currency moved from a low of $2.18 to a high of $2.2 before settling at the current level. The XRP volume may determine its next major shift amid the close trading range shift.<\/span><\/p>\n<h2><strong>XRP Trading Volume Drops, Should Investors Be Worried?<\/strong><\/h2>\n<p><span style=\"font-weight: 400\">XRP trading volume is one of the core metrics that gauges investor interest and adoption trends. According to <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coinmarketcap.com\/currencies\/ripple-usd\/\"><span style=\"font-weight: 400\">data from CoinMarketCap<\/span><\/a><span style=\"font-weight: 400\">, the volume has dropped by 32.5% to $1,445,253,443.43. This drop is unusual, as the coin has recorded mostly high volume for most of the week.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Beyond XRP, other tokens within the Ripple ecosystem, including RLUSD, have also seen a drop in volume. Market data shows that the stablecoin has dropped 57.87%, with just $23,583,892.16 traded in 24 hours.<\/span><\/p>\n<p><span style=\"font-weight: 400\">There has been a correlation between the <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/markets\/xrp-price-poised-for-3-50-breakout-as-rlusd-volume-soars-45\/\"><span style=\"font-weight: 400\">XRP price and RLUSD volume,<\/span><\/a><span style=\"font-weight: 400\"> as reported on different occasions. For instance, when the stablecoin volume rallied by 45% in 24 hours on April 24, speculation mounted that the XRP price could reclaim a 45% high. Although this forecast has yet to materialize, the odds have always remained high.<\/span><\/p>\n<p><span style=\"font-weight: 400\">With trading volume now down, whether or not the bullish momentum can be sustained remains unknown.<\/span><\/p>\n<h2><strong>What Next For Ripple Coin?<\/strong><\/h2>\n<p><span style=\"font-weight: 400\">A number of events in the Ripple Labs ecosystem are set to change the outlook of the coin remarkably. The <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/xrp-news-ripple-to-acquire-prime-broker-hidden-road-for-1-25-billion\/\"><span style=\"font-weight: 400\">acquisition of Hidden Road<\/span><\/a><span style=\"font-weight: 400\"> for $1.25 billion and the hype around the firm\u2019s bid on Circle remained on the horizon.<\/span><\/p>\n<p><span style=\"font-weight: 400\">While these trends can shape the broader ecosystem sentiment around the XRP price, the historical outlook might help determine what to expect for the rest of May.<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to Cryptorank data, the coin\u2019s average growth rate is over 25%, setting it up for a potentially bullish run. Thus far this month, despite the broader market volatility, the coin has recorded a marginal growth of 0.21%.<\/span><\/p>\n<p><span style=\"font-weight: 400\">If history repeats itself and XRP trading volume reverts to positive, the Ripple coin may see a breakout. Despite the <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/xrp-etf-news-franklin-templeton-faces-sec-decision-delay\/\"><span style=\"font-weight: 400\">XRP ETF decision delay<\/span><\/a><span style=\"font-weight: 400\"> from the US SEC, the eventual approval of the product can help shape long-term settlement around the coin. With Paul Atkins now the Chairman and the commission\u2019s pro-crypto stance, the expectation of the ETF approval remains high.\u00a0<\/span><\/p>\n<p>The post <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/ripple-xrp-update-xrp-trading-volume-drops-32-falls-to-1-44-billion\/\">Ripple (XRP) Update: XRP Trading Volume Drops 32%, Falls to $1.44 Billion<\/a> appeared first on <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\">CoinGape<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ripple Labs-affiliated coin is in the spotlight as the XRP trading volume and price show bearish consolidation on the daily chart. At the time of writing, the XRP price had slipped by 0.16% in 24 hours and is now changing hands for $2.191. The digital currency moved from a low of $2.18 to a high [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-391147","post","type-post","status-publish","format-standard","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/391147","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=391147"}],"version-history":[{"count":0,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/391147\/revisions"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=391147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=391147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=391147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}