XRP Surges 26% Weekly as Whale Accumulation and ETF Optimism Drive Record Volumes

XRPUSDT experienced a 4.97% price increase over the last 24 hours, reaching $2.8583 on Binance, with the move largely attributed to heightened optimism around a potential U.S. spot ETF approval, increased whale accumulation (with wallets holding over 1 million XRP reaching an all-time high), and significant trading activity, particularly in South Korea which accounts for over 22% of global volume. The 24-hour trading volume ranged from $6.82 billion to $14.24 billion across sources, reflecting robust market participation, while XRP’s market capitalization stands at approximately $168.58 billion, ranking it third among cryptocurrencies. The asset saw a weekly price surge of 26%, with the current circulating supply at 59.13 billion XRP out of a 100 billion maximum, and notable trading activity on major exchanges including Binance.