Altcoins News

Story: XRP Jumps 24% in 24 Hours, Bitwise ETF Clears $55 Million in Volume

By Pankaj K

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Upbit and South Korean Retail Traders Drive the Volume. Upbit, the country's largest exchange, recorded over $399 million in XRP trading volume during the…

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BitPay Adds XRP Support for U.S. and International Users. On the adoption side, BitPay made a move that's worth flagging separately from the price action.

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XRP's Position Among Top 100 Tokens. The broader crypto market had a strong session, no question.

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XRP surged 24% in a single day, hitting $1.26 and leaving every other top-100 cryptocurrency in the dust. It's a sharp, fast move — and the numbers behind it are hard to ignore.

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The seven-day gain sits at 31%, per recent market data. And the rally didn't happen in a vacuum. Other large-cap tokens had strong sessions too — Hyperliquid climbed 19.

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It's probably not the only factor. But it's clearly a significant one.

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Meanwhile, on the institutional side, Bitwise's XRP exchange-traded fund saw trading volume exceed $55 million. Hunter Horsley, CEO of Bitwise, called it a "massive spike.

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More context: Bitcoin ETF Inflows Surge to $517 Million, Marking Biggest Day Since May

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It's a practical expansion of XRP's usability. Not flashy, but real. BitPay adding a token to its wallet doesn't guarantee adoption, but it does widen the on-ramp for people who…

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So you've got three things happening roughly at once: a sharp price rally, a spike in ETF volume, and a wallet integration that broadens accessibility.

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The broader crypto market had a strong session, no question. Tokens across the top 100 posted gains, and the general mood seemed risk-on.

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The seven-day gain of 31% puts it in a different category from the one-day movers too. It's not a sudden spike that came out of nowhere and might reverse by morning.

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Read also: Bitcoin Miners Sink $30.7 Billion into AI, Reap Just $341 Million in Returns

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South Korean exchanges remain a focal point for anyone trying to understand XRP's retail dynamics.

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Bitwise's ETF logged over $55 million in volume, and Horsley's "massive spike" comment wasn't buried in a press release — it was front and center.

The Currency Analytics

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