Over $35 billion flows into XRP in a week

Key Points

1. XRP's market cap rose from $137.40 billion to $173.28 billion between July 9 and July 16, with prices surging 26.03% from $2.32 to $2.93.

2. The token is approaching its January 18, 2025 peak of $3.29, with its current price roughly 11% below that level.

3. 24-hour trading volume declined 38.85% during the same week, falling to $7.13 billion, indicating reduced sell-side pressure and potential conviction-based accumulation.

4. XRP's fully diluted valuation (FDV) stands at $293.04 billion, placing it among top-tier digital assets by network value, with a circulating supply of 59.13 billion XRP and a capped total supply of 100 billion.