XRP is back in the spotlight. The token just topped Coinbase’s 24-hour trading volume chart, clocking in a massive $1.38 billion. Momentum is building fast. Volatility is up. Traders are clearly circling back.
Price action? Sharp. XRP pushed past $3.60, reclaiming its place among the crypto elite. With a market cap now over $210 billion, XRP has jumped into the #3 spot globally , right behind Ethereum.
The rally isn’t limited to U.S. exchanges. Over in South Korea, XRP is booming. On Upbit , the country’s biggest crypto exchange , the XRP/KRW pair recorded a staggering $2.2 billion in trading volume over 24 hours. That’s 33% of the platform’s entire trading volume in one day.
Zoom out, and the picture gets clearer: the XRP ecosystem is seeing a revival. Hype, liquidity, and whale moves are all lining up.
One major wallet has caught attention , and it belongs to Ripple co-founder Chris Larsen.
Larsen just moved about $26 million worth of XRP to Coinbase. But that’s just the latest in a string of transactions. Since January, Larsen’s wallet has shifted around 106 million XRP.
Here’s the transfer that sparked buzz:
BREAKING: $XRP surges to #1 in 24H trading volume on Coinbase, soaring to $1.38 billion. pic.twitter.com/vgjJpmmaA2
— Whale Insider (@WhaleInsider) July 18, 2025
This kind of movement tends to coincide with market events. Is it a selloff? Internal reshuffling? Hard to say , but the timing is impossible to ignore. Larsen’s transactions come just as XRP’s global trading activity and price take off.
Sentiment Shift or Something Bigger for XRP?
The surge in XRP trading could reflect a deeper narrative shift. XRP has often seen bursts of activity when there’s speculation about regulatory clarity, Ripple Labs developments, or simply technical breakouts.
This time, though, the confluence of volume across U.S. and Asian exchanges , plus high-profile whale activity , suggests something more coordinated.
A post from @CryptoBriefing added fuel to the speculation:
💥 NEW: Ripple co-founder Chris Larsen moved approximately $26 million worth of $XRP to Coinbase. Since the start of the year, his wallet has transferred roughly 106 million XRP in total. pic.twitter.com/f0XXtYZy4V
— Crypto Briefing (@Crypto_Briefing) July 17, 2025
They noted the unusual volume imbalance and network wallet shuffling, pointing toward possible institutional plays. Some believe larger players may be positioning for upcoming legal or market news tied to Ripple.
Coinbase is still the main gate for U.S. retail crypto traders. For XRP to lead volume there , surpassing tokens like Bitcoin and Ethereum , signals a very real retail-driven resurgence.
The $1.38B figure isn’t a blip. It’s a sign. Traders are hunting for volatility. And right now, XRP’s delivering. XRP is showing strength. And history shows when XRP breaks out, it often does it fast and hard. Whether this momentum holds depends on a few key things:
- Whale selling pressure (like Larsen’s moves)
- Regulatory chatter around Ripple
- Broader crypto market sentiment
But one thing’s clear: XRP isn’t done yet. Not by a long shot. This isn’t just another pump. It’s a wave , and XRP is riding the front of it.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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