5 Key Factors Affecting XRP Trading Volume

Krutika Adani

XRP has witnessed an 80% jump in trading volumes.

The first reason for the interest is its foray into the stablecoin market.

The second reason is its collaborations with major market players, which have also helped Ripple gain momentum.

Thirdly, XRP is among the only three cryptos (others being Bitcoin and Ethereum) with regulatory clarity.

The fourth reason is the time-tested ecosystem of Ripple, which includes solutions like ODL, Ripple Ledger, and Ripple's strong team.

The fifth reason affecting XRP trading volumes is the cautious and selective buying trend in the market