XRP surges in trading volume as ledger hits $1 trillion

6.6 Markets

Oct 6, 2026

XRP holds near $1.50 with surging volumes, a 43% Q3 gain, and its ledger surpassing $1 trillion in transfers, signaling bullish sentiment and growing network adoption.

XRP is trading steadily near $1.50, maintaining support above this level despite being down 49% year-over-year. Trading volume has surged, with a 33.7% increase to $1.51 billion in the past 24 hours. Futures volumes have also reached a six-month high, reflecting growing bullish sentiment and deeper market liquidity. In September, XRP futures monthly trading volume neared $60 billion, mainly driven by activity on Binance, Bybit, and OKX. The token posted a 43% gain in Q3 2026, marking its first positive quarter of the year and suggesting a potential trend reversal. Technical indicators such as the 200-week EMA and MACD point to a positive long-term outlook, though resistance at $1.53 and a trading range between $1.40 and $1.60 remain key levels to watch. Meanwhile, the XRP Ledger has surpassed $1 trillion in cumulative value transferred, highlighting increased adoption in tokenized assets and stablecoins, including new projects in Brazil. Market participants are closely monitoring whether XRP can maintain support or face renewed selling pressure.