Markets· ★★★· bullish·

XRP Rebounds to $1.31 as On-Chain Transfers Surge to $49.66B

  • —Daily XRP Ledger transfer volume jumped to $49.66 billion
  • —Exchange reserves reached 11.81 billion XRP
  • —Call option volume is twice that of puts
  • —Upside target of $1.80–2.00 on a break above $1.56
Why it matters: A spot-driven rebound without leverage will test whether XRP can hold $1.30 into Friday's network upgrade and the launch of Ripple's lending protocol.
Source: U.Today