XRP
Why XRP is up 1.6% today
Analysis
XRP rose 1.6% over the past 24 hours as trading activity surged, with U.Today reporting a 214% jump in XRP volume amid broader market liquidations—often a setup for a short-term rebound after forced selling. Ripple-related partnership updates highlighted by CryptoPotato may also have supported sentiment, helping XRP hold gains despite mixed ETF-flow headlines.
Contributing Factors (3)
Grayscale Executives, Parent Firm Trim Holdings in XRP, Solana, & Chainlink ETFs
Executives from crypto asset management company Grayscale and its parent Digital Currency Group (DCG) and related investment firm have sold shares in XRP, Solana, and Chainlink ETFs. The selloffs occu...
Ripple (XRP) News Today: January 27th
New partnerships, major announcements, and more: check out the recent and important developments related to Ripple.
XRP Rockets 214% in Volume as Market Sell-Off Liquidates $745 Million
XRP volumes have skyrocketed 214% as the market continues to face selling pressure.
Move Details
Explanation Confidence
Moderate confidence. Multiple factors may be contributing.