XRP Price holds steady at $2.2 even as trading volume drops 22%
Highlights
- XRP Price has maintained a steady, marginal lead of 1.6% in past 24 hours, consolidating around $2.20.
- XRP Trading Volume has dropped by a significant 22%, majorly due to rising tariff tensions.
- Experts believe regulatory clarity around Ripple and approval of XRP ETF would accelerate its adoption.
XRP, the bridge cryptocurrency, has maintained its marginal but steady lead of 1.6% this week, currently trading at $2.20, despite facing a significant drop of 22.9% in its overall trading volume on Tuesday.
Mirroring the overall crypto market that experienced a slight rebound on Tuesday, the price of XRP is holding steady at $2.20 despite Ripple recently transferring 130 million XRP tokens to multiple wallets, sparking concerns among traders.
Weekly analysis also shows XRP price down by 7.3%, recording a weekly all-time-high of $2.35 on May 27 and an all-time-low of $2.11 on May 31, according to data from CoinGecko.
Why is XRP price struggling?
According to experts, the significant drop in XRP trading volume and a 7.3% price downer this week is largely attributed to growing fears among investors due to ongoing tariff tensions between U.S., China and other nations, along with the recent decision by Ripple to transfer 130 million XRP tokens to different wallets.
On-chain data tracker Whale Tracker informed on X that the parent company of XRP, has moved millions of tokens worth a staggering $283 million to 3 separate wallets.
Why 2025 could be historic for XRP?
XRP, one of the most talked about altcoins, is making rapid advancements in U.S. with its inclusion in the strategic reserve by President Trump administration, major companies keeping its reserves and banks and public institutions showing overt interest in its adoption. Fans are also expecting an increase in odds of XRP Spot ETF getting approved in the coming future with its ever increasing use cases and adoption.
Such positive updates related to XRP had resulted in a bullish sentiment around the altcoin in 2025, however, it has failed to capitalize on the meteoric 52% hike in price of Bitcoin, consolidating in the range of $2.10-$2.50. Experts believe that regulatory clarity between U.S. Securities and Exchange Commission (SEC) and Ripple in the coming months would be crucial for the performance of XRP.
- Saylor Hints at New Bitcoin Buy After Friday’s Crypto Crash
- Peter Brandt Flips Bullish on Bitcoin, Ethereum, XRP, and XLM
- Binance to Compensate Users After Ethena’s USDe Depeg During Crypto Market Crash
- Tom Lee’s Fundstrat Predicts Ethereum Rally to $5,500 Following ETH ‘Bottom’
- Is the Bitcoin Top In? Raoul Pal Signals Higher Liquidity Cycle Despite Market Selloff
- PEPE Coin Price Reenters Historical Demand Zone as Whales Accumulate $5M— Can It Repeat Its 123% Rally?
- Bitcoin Price Prediction as Trump’s Tariff Shock Triggers $19B Liquidation
- Can $TAPZI Reach $1 In Q1 2026?
- Here’s Why XRP Price May Have a Zcash-Like Surge
- $TAPZI Price Prediction: What’s Ahead of the $TAPZI token Presale?
- Cardano Price Targets $2 as Hydra 1.0 Ignites New Era of Speed and Adoption
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
