XRP Trading Volume Surges on Major Exchanges

XRP's trading volume has seen a significant increase on major exchanges, including Upbit, Binance, and Coinbase. According to market analysts, this surge in volume could signal a potential market turning point for the cryptocurrency.

The data shows that XRP trading volumes rose by 83% on Upbit, 68% on Binance, and 34% on Coinbase within the past 24 hours. This increase is considered one of the largest daily spikes this year.

Rising Open Interest (OI) has also been observed, reaching 1.66 billion XRP. Historically, increasing OI has preceded price rallies in cryptocurrencies.