News
XRP Spot Trading Activity Declines
XRP spot trading activity has significantly decreased, with a total decline of $1.943 billion in combined spot volume across centralized exchanges from August 26 to October 11. Binance's spot volume dropped from $597 million to $168 million, while other exchanges experienced an even larger decline, falling from $2 billion to $485.8 million. Despite the drop in spot trading, US-listed XRP ETFs have seen record net inflows of $1.8 billion over 13 consecutive weeks, indicating strong investor interest in the asset.