XRP Breaks $2.12 Resistance as Trading Volume Surges 47%, ETF Inflows Reach $13.6 Million

XRP lifted its market capitalization to about $121.7 billion as trading activity jumped nearly 48% above the weekly average.

Mohammedia – XRP moved above the $2.12 level during the latest trading session which ranged roughly between $2.06 and $2.15, breaking through a price ceiling that had capped recent advances.

The move was supported by higher-than-average trading activity and came as the amount of XRP held on exchanges fell to its lowest levels in several years, a dynamic that traders often associate with tighter available supply.

The token gained about 2% on the day, outperforming the broader crypto market. Trading volume during the breakout was 47.6% higher than the seven-day average, suggesting strong participation behind the move rather than a brief or thin rally.

As prices pushed higher, XRP’s market capitalization rose to roughly $121.7 billion, reflecting the scale of interest involved.

At the same time, institutional demand for XRP exposure remained steady. US-listed XRP cash exchange-traded funds recorded $13.59 million in new inflows earlier this week.

These inflows have been relatively consistent rather than driven by a single headline event, helping to absorb supply during periods of price volatility and providing ongoing support to the market.

Exchange data shows that XRP balances available for trading continue to decline. While lower exchange balances do not guarantee higher prices, they can amplify price moves when demand increases, as fewer tokens are readily available for sale.

This condition has contributed to the upward pressure seen during the latest session.

On the network side, activity has also shown signs of improvement. Transactions on the XRP Ledger have resumed an upward trend, moving back toward around one million transactions per day.

This rise in activity has been cited by market participants as an indication that usage is increasing alongside price, rather than interest being driven solely by short-term trading.

After breaking above the $2.10 to $2.12 range, XRP entered a period of consolidation, trading between roughly $2.128 and $2.152.

Prices held above the former resistance area, which has now acted as short-term support. This behavior is typically viewed as constructive, as prices remained above the level that previously limited gains.