XRP’s 77% Surge: Crypto World Holds Its Breath!

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Oh, the crypto market! A tragic hero, ever tormented by trade tensions and tariff uncertainty, which weigh upon its fragile risk assets like a heavy cloak of despair.

In a mere 24 hours, a staggering $485 million has been liquidated, as if the market itself were a tragic opera, with each coin a note in a discordant symphony. The crypto realm, once vibrant, now sheds another $100 billion in value, a spectacle of sorrow worthy of Molière’s own pen.

Behold, the major cryptocurrencies, including XRP, have all succumbed to the inevitable, their values plummeting like a poorly timed joke at a dinner party. At the time of writing, XRP, that once-proud contender, languishes at $1.37, a mere shadow of its former self, its weekly losses a fitting epitaph.

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Analysts, ever the dramatists, claim the recent drop was less a single headline and more a tale of weak liquidity and low conviction-akin to a troupe of actors performing without a script.

For now, crypto remains entangled with macro headlines, a puppet dancing to the strings of tariff policy. Until clarity arrives, cryptocurrencies will waltz with broader risk sentiment, not their own catalysts.

XRP volume jumps 77%

According to CoinMarketCap, XRP’s trading volume has soared 77%, a feat as surprising as a squirrel winning a race. This follows as traders, ever the fickle, adjust their positioning, for XRP saw its largest on-chain realized loss spike since 2022-a drama worthy of a Shakespearean tragedy.

Santiment, that most solemn of chroniclers, notes XRP’s weekly realized losses reached $1.93 billion, its largest since 2022. Ah, the woes of investors! When they sell at a price lower than their original, they lock in losses like a disgruntled suitor at a ball.

Santiment adds that 39 months ago, when this milestone was reached, XRP leapt 114% over eight months-a miracle as improbable as a penguin learning to fly.

In separate news, the XRP Ledger’s daily transactions have surged 40%, nearing 2.5 million per day. A triumph of real network usage, even as the price lingers below key moving averages-a tale of resilience in a world of despair.

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2026-02-23 14:45