XRP Trading Volume Collapses by 51.37%

Written By:
Sourabh Parihar

Reviewed By:
Jahnu Jagtap

Xrp Trading Volume Collapses By 51.37%

The trading volume of XRP has collapsed by a mammoth 51.37% in the past 24 hours, according to market watchers, despite strong sentiments of an impending altcoin season in February. Along with XRP, four major coins- Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and BNB have also experienced a downfall in their trading volume, despite an overall positive, optimistic buzz in the market.

According to Coinglass, since the start of 2025, XRP’s trading volume has seen various fluctuations. On 28th January 2025, XRP’s trading volume surged more than 400% to around $19.97 billion, but after that, it has seen multiple downsizing.

According to the latest data of 31st January, XRP’s trading volume shows a major decline as its 24-hour trading volume has declined by 51.37% to approximately $4.52 billion.

Xrp Trading Volume Drops 50% In 24 Hrs
Source: Coinglass

XRP is not alone in this slump as SOL follows it with a 44.54% drop in trading volume. People’s favorite DOGE has lost 40%, and crypto giants BTC and ETH have 21.59% and 23.97%, respectively.

Crypto Trading Volume Drops In 24%
Source: Coinglass

However, the point here to note is that despite the major fluctuation in trading volume, XRP’s price remains stable. Currently, XRP is priced at $3.09, which is around a 0.70% decline in the 24 hours.

If we talk about the shifts in the trading volume, it is because of various factors that include fluctuations in market sentiments, profit-taking moves by investors, or a news event impacting trading behavior. The initial surge in the trading volume can be because of increased investor interest, while this recent decline could be because of a cooling-off period or market corrections.

To conclude, before investing, be cautious about these various developments because sometimes the fluctuations in trading volume are directly proportional to the price of the token.

Also Read: DeepSeek AI Predict XRP Could Reach $30 in 2025



Sourabh Parihar is a blockchain content writer specializing in Web3, DeFi, memecoins, and NFTs. With a passion for research, he stays up-to-date with the evolving cryptocurrency industry to deliver valuable insights.
Follow:
Jahnu Jagtap, a crypto enthusiast since 2020. Loves to guide others to understand blockchains, crypto currencies, NFTs, Metaverse and everything in Web3. He is passionate about his work and never stops his research on crypto.