XRP Trading Volumes Fall 58% in 24 Hours, Despite Which the Altcoin Price Continues to Rise

XRP4,35%
BTC3,86%
ETH9,62%
  • XRP trading volumes fall 58% in 24 hours.

  • Despite this, the altcoin price continues to rise at a steady pace.

  • This bodes well for the likelihood of a possible XRP pump.

The previous few days have led to what looks to be a steady recovery phase for the crypto market. Presently, the price of BTC is trading over the $73,000 price range while the price of ETH is trading over the $2,200 price range. This has led to a steady rise in altcoin prices as well. So far, the price of XRP is up by over 3% over the last 24 hours, even though XRP trading volumes fall 58% in that time.

XRP Trading Volumes Fall 58% in 24 Hours

The crypto community is pleased to see crypto prices rally and move towards a higher price range once again. While many hope to see that this rally could mean the 5-year supercycle theory coming true, bearish analysts believe otherwise. For instance, one reputed crypto expert believes the current pump is a ‘fake pump’ that will only allow the price of BTC to rally as far as the $80,000 price range.

If this is true, then the price of BTC may not reclaim the $90,000 price range or its previous 6-digit bull targets again this year. On the contrary, the 5-year supercycle theory believes BTC will rally to new ATH targets and also pull altcoin prices up with it. So far, expectations for ETH to hit new ATH prices as the pioneer altcoin asset are growing stronger, and with it the chance for popular altcoins to rally as well.

🚨 BREAKING: XRP PRICE JUMPS 2% AS XRPL PROCESSES RECORD BREAKING 2.7M DAILY TRANSACTIONS

$XRP rallies amid massive network activity surge on XRP Ledger, marking significant adoption milestone with 2.7 million transactions processed in single day. pic.twitter.com/ii5WHyrBZR

— BSCN (@BSCNews) March 13, 2026

To highlight, one such popular altcoin asset expected to rally this year is Ripple’s XRP. In the last 24 hours, according to CoinMarketCap analytics, the price of XRP has gone up by over 5%, and is currently trading in the $1.48 price range. The asset is also boasting a total market cap of $90,931,717,424.5 and a 24-hour trading volume of $2,743,858,302.64. The altcoin will need to rise over 61% to reclaim its previous ATH price of $3.84.

Price of XRP Continues to Rise

This previous ATH for XRP was set 8 years ago, before the SEC filed a case against XRP. This led to 7 years of stunted growth, falling XRP prices, and missed bull run pumps. Now, with XRP walking victoriously, analysts expect a major price surge for XRP, further supported by the launch of XRP ETFs. As the post above shows, XRP price jumped due to the fact that XRPL processed record-breaking 2.7 million daily transactions.

🚨LATEST: $XRP TRADING VOLUMES FALL 58% IN 24 HOURS

The trading volume of @Ripple’s $XRP tumbled by 58% in a single day, per Utoday citing data from CoinMarketCap.

After an impressive inflow streak in late February, spot $XRP ETFs in the United States did not register a single… pic.twitter.com/S4CrGmNRFE

— BSCN (@BSCNews) March 15, 2026

Most recently, institutions have been heavily buying XRP for ETFs. At the moment, the price of XRP continues to rise despite the fact that XRP trading volumes have fallen by 58% in the last 24 hours. Some believe this fall is due to institutions halting their XRP accumulation due to the possibility of a lack of interest in buying XRP ETFs by the masses. This belief is likely just a rumor.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments