XRP is going through another tough period along with the broader crypto market, but what’s happening beneath the price chart isn’t as quiet as the red candles suggest. The entire crypto market has dropped over 5% in the past seven days, and XRP has also struggled to keep up its momentum. However, the latest volume data shows that traders, large holders, ETF investors, and XRP Ledger users are still active.
Major XRP Volume Updates
The first big volume update involves XRP’s largest holders. Data shared by crypto analyst Ali Martinez shows that large wallet holders accumulated 71 million XRP over seven days, even while the token remained under pressure. XRP was down nearly 5% over the week and trading around $1.36 when the analyst shared the data, meaning the buying happened during a weak and volatile period for the asset. This matters because whale accumulation changes how we view the selloff. It shows that the market crash isn’t just causing fear-driven selling—it’s also creating a trend where larger wallets are increasing their exposure while weaker hands are selling. The price hasn’t reflected this buying in a major way yet, but the behavior is still worth watching.
XRP Ledger payment activity has also picked up noticeably during this market downturn. The number of payments from one account to another rose from below 1 million earlier in the week to 1.22 million payments by May 22.
Number of XRP Payments. Source: XRPScan
The increase wasn’t just in transaction count. XRP payment volume also jumped from around 200 million XRP on May 16 and May 17 to over 400 million XRP by May 18. It stayed high in the following days and was still above 400 million XRP by May 22. This means more payments were being processed, and a larger amount of XRP was moving between accounts.
XRP Payments Volume. Source: XRPScan
ETF Inflows Add a Different Kind of Volume
Another important volume signal comes from the ETF market. Data from SoSoValue shows that XRP-linked ETF products recorded over $65 million in weekly inflows last week. This week’s flows also came in positive at $22.04 million, with net inflows every day, even as the broader crypto market faced pressure.
The inflows into Spot XRP ETFs are significant because ETF demand is different from regular exchange trading. Spot and futures volume can come from short-term trades and leverage, but ETF inflows represent investors taking exposure through more structured investment vehicles.
Related Reading: XRP May Be Headed For A Stunning Year-End Surge, This CEO Says
The timing also matters. XRP ETF flows are coming in while the price is under pressure, meaning ETF buyers aren’t waiting for a price breakout. This creates a quiet support layer in the background, even if it hasn’t been strong enough to overcome the wider market downtrend yet.
Featured image from Pixabay, chart from TradingView
Frequently Asked Questions
Here is a list of FAQs about XRPs volume signals and market momentum written in a natural helpful tone
BeginnerLevel Questions
1 What exactly are volume signals and why do they matter for XRP
Volume signals show how many XRP tokens are being traded over a specific time High volume usually means strong interest and can confirm whether a price move is likely to continue Low volume suggests the move might be weak or temporary
2 Is XRPs recent price increase just hype or is it backed by real trading activity
Currently the price move is backed by aboveaverage trading volume This suggests real buying interest not just speculation However the overall market is still uncertain so the momentum could still shift quickly
3 What does market uncertainty mean for XRP holders
It means big price swings can happen in either direction News about regulations the SEC lawsuit or the broader crypto market can suddenly change sentiment Volume signals help you see if those changes are supported by real trading or just panic
4 How can I check XRPs trading volume myself
You can look at any major crypto exchange or use data sites like CoinMarketCap or CoinGecko Look for the 24h Volume or Volume column A spike compared to the average is a key signal
Intermediate Advanced Questions
5 Whats the difference between price following volume and volume confirming price
Volume confirming price Price goes up and volume goes up This is a strong healthy signal
Price following volume Volume spikes first then price moves This can signal a breakout or breakdown is about to happen
Warning sign Price goes up but volume stays flat or drops This suggests the rally is weak and could reverse
6 How do I tell the difference between a genuine breakout and a dead cat bounce using volume
A genuine breakout sees increasing volume as the price breaks through a resistance level A dead cat bounce usually has low or declining volume the price pops up but few people are actually buying in