Reported 2 days ago
XRP has experienced a significant 50% increase in trading volume, now reaching $4.05 billion, following a broader market upswing on October 20. Despite the price dip to $2.20 earlier, XRP's DEX volume has dramatically increased, indicating renewed investor interest and a potential shift of assets from weaker to stronger holders. Reports of Ripple Labs planning to raise over $1 billion for an XRP-focused treasury have further fueled optimism, although macroeconomic pressures like a US government shutdown continue to pose challenges.
Source: YAHOO