The trading volume of XRP has faced a drastic drop of 51.37% over the last 24 hours, now at around 4.52 billion USD. This follows a notable increase over 400% earlier in January.
Other cryptocurrencies, including SOL, DOGE, BTC, and ETH, have also encountered significant volume reductions, due to profit-taking behaviors among investors.
Despite trading volume fluctuations, XRP’s price remains relatively stable at 3.09 USD, indicating a slight decline of 0.70% in the past day.