XRP (XRP) price remains stable just above $2.00 as trading volumes surge

XRP (XRP) price remains stable just above $2.00 as of Monday, but a recent surge in trading volumes exceeding $300 million within the past 24 hours suggests that significant behind-the-scenes activity may be underway.

The price of XRP (XRP) remained relatively stable on Monday, trading just above the $2.10 mark despite a recent surge in trading volumes exceeding $3 billion in the past 24 hours hinted at significant behind-the-scenes activity.

While XRP faced a short-term downtrend from its early 2025 peaks near $3.50, it has shown resilience in recent weeks, bouncing robustly from its 200-day moving average last week and marking a more than 30% rise from monthly lows. This bounce could indicate continued bullish control in the market and signals that major players could be positioning themselves for future gains.

XRP: Strong Bounce Could Signal More Gains Ahead

After a brief rally in March pushed XRP to yearly highs of $3.50, the token faced selling pressure that brought it back to the support of its 200-day moving average. This level, which has been pivotal throughout the year, provided the necessary cushion for XRP to regain momentum and chart a 130% recovery from March lows.

However, despite the strong bounce and record trading volumes exceeding $3 billion in the past 24 hours, XRP struggled to break above the 50-day moving average over the weekend, suggesting resistance at this technical level.

Many retail traders may be focused on the short-term downtrend from yearly highs, but the volume data highlights activity by whales, or large institutional investors, who may be quietly accumulating the digital asset.

With over $3 billion in trading activity recorded in just 24 hours, it’s clear that there’s significant interest in the token from market participants who may be aware of developments not yet fully reflected in the market.

This aligns with the recent confirmation of the Ripple (XRP) settlement with the US Securities and Exchange Commission (SEC), as stated by Brad Garlinghouse, CEO of Ripple Labs, in a recent interview with Fox Business.

The settlement follows a prolonged legal battle between Ripple Labs and the SEC, which began in 2020 when the regulatory body filed charges against the company, claiming that XRP was an unregistered security.

However, recent shifts in US politics, particularly with the Trump administration’s pro-crypto stance and the integration of blockchain technology in government initiatives, have created a more crypto-friendly regulatory environment.

This shift, along with the easing of SEC enforcement against major crypto market players like Ripple Labs, paved the way for the settlement.

The most intriguing development, however, may lie outside of the settlement itself. There are speculations that Ripple Labs may hand over $50 million in XRP tokens to the US government as part of the final settlement, positioning XRP as a key asset in the US government’s growing crypto holdings.

This inclusion would differentiate XRP from traditional assets like Bitcoin and could significantly increase its credibility and adoption, serving as a bullish indicator for the broader cryptocurrency market.

Prospects of XRP being part of the US government’s crypto portfolio further strengthen the case for long-term price appreciation. As more institutional players gain confidence in the token’s future, XRP could emerge as a leading cryptocurrency with official backing.

While XRP’s future looks promising, its price trajectory will still be influenced by broader market conditions. Developments in tariff disputes, the evolving US economic landscape, and potential Federal Reserve actions will all play a crucial role in shaping XRP’s price dynamics.

If XRP can break above the 50-day moving average and overcome its recent downtrend, some analysts are predicting a 60% surge, potentially pushing XRP back to 2025 highs.