By Nidhi Kolhapur 27 May 2024 | 11:44 pm

XRP Surges 30% in Volume As $30B Market Cap Nears

XRP

The post XRP Surges 30% in Volume As $30B Market Cap Nears appeared first on Coinpedia Fintech News

The trading volume of popular crypto XRP increased by 30% over the past day, reaching $794M, representing the spot market. The volume of XRP derivatives trading, namely perpetual futures, grew by 11.29% over the last 24 hours. The total trading volume of XRP during the period was at an estimated $1.4B. The rise in trading volumes coincides with XRP approaching the significant $30B market cap. The current figure stands at $29.32B, just 2.26% short of the key mark. As XRP’s market cap surpasses $30B, the token may potentially rank among the top 600 largest entities.