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2026-03-16 17:42:51

XRP trading volume surges 125% as market cap hits $90 billion

XRP has seen a sharp surge in trading activity, with its market capitalization climbing past $90 billion amid renewed investor interest in the digital asset. At press time, XRP’s market capitalization stood at approximately $92.1 billion, up from $86.7 billion a day earlier, an increase of about $5.4 billion within a single day. XRP 24-hour market cap chart. Source: CoinMarketCap Over the same period, XRP’s trading volume jumped by roughly 125% to $3.22 billion. The spike in turnover suggests strong participation from both retail and institutional traders as the asset attracted fresh capital inflows. Meanwhile, the token’s price has also benefited from the momentum, trading at $1.50 at press time after gaining 6.25% over the past 24 hours. On a broader timeframe, XRP has advanced 10.17% over the past week. With the rally, XRP’s market capitalization has overtaken BNB to become the fourth-largest digital asset by market value. Why XRP is surging Several factors appear to be driving the market momentum. From a technical perspective, XRP found strength after breaking above key resistance around $1.426 and a longer-term descending trendline that had been in place since early 2026. The breakout ended months of sideways consolidation below $1.50, shifted short-term momentum toward buyers, and triggered a sharp increase in trading activity. At the same time, the broader cryptocurrency market recovery has supported the move. Gains across major assets, led by Bitcoin, have improved sentiment and encouraged risk-taking among investors. Rising retail interest, increased futures activity, and short liquidations have further amplified upward price pressure. XRP rally caution Despite the rally, the move remains moderate compared with some of XRP’s historic surges. Investors are now watching whether the token can hold above the $1.43 to $1.47 range, which could open the path toward $1.55 to $1.65 or higher. Macro developments may also shape XRP’s next move. Investors are closely monitoring the Federal Reserve’s interest rate decision on March 18, as signs of looser monetary policy could boost risk assets, while a more restrictive stance might trigger a pullback toward the $1.35 to $1.45 support zone. The post XRP trading volume surges 125% as market cap hits $90 billion appeared first on Finbold .

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