- XRP transactions top 2.59 million, price hovers near $3.
- Institutional interest spikes with Ultra XRP ETF involvement.
- Price correction mirrors historical patterns and volatility.
XRP has reached a new milestone with over 2.59 million daily transactions and a brief price surge above $3.60, now hovering around $3 amid increased volatility.
This price shift reflects heightened network utility and institutional interest, but the risk of dropping below $3 highlights potential for significant market movements.
Ripple’s XRP recently achieved a significant milestone, exceeding 2.59 million daily transactions, albeit with its price nearly dropping below $3. This was driven by increased network utility and major institutional flows, creating heightened volatility. Ripple leadership, including Brad Garlinghouse and David Schwartz, has not made public statements regarding these events. Chris Larsen’s $175M XRP transfer has stirred community debates but has seen no direct executive commentary.
This surge impacts the cryptocurrency market by indicating robust transactional activity and potential price vulnerability. Institutions have shown increased interest, as reflected in the Ultra XRP ETF’s $530M AUM.
This indicates growing support despite the looming risk of price decline. The market is witnessing potential financial shifts with historical double-top patterns, suggesting that XRP’s current movements might precede periods of volatility. As regulatory bodies remain silent, speculation on XRP’s trajectory continues based on past trends and current spikes in network transactions.
As of now, there have been no verifiable, direct statements from executives or notable figures associated with Ripple regarding the recent XRP price fluctuations or transaction milestones. Therefore, no specific quotes can be extracted and attributed to individuals from primary sources related to XRP’s recent events as of July 25, 2025.
