XRP Volume Jumps 74% as Crypto Market Plunges

Edgen Crypto

·Feb 01 2026, 12:26

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Key Takeaways

XRP demonstrated a significant divergence from the broader cryptocurrency market, with its trading volume increasing sharply during a widespread market downturn. This counter-cyclical activity suggests unique factors are influencing XRP, creating potential for heightened volatility.

XRP Volume Spike: Trading volume for XRP jumped over 74% during early Sunday trading on February 1, 2026.
Market-Wide Crash: The surge occurred as the broader crypto market suffered a significant decline, characterized as a "$2.58 billion crash".
Potential Volatility: This unusual divergence could signal a flight to perceived safety in XRP or a speculative frenzy, pointing to increased price uncertainty for the asset.

XRP Trading Volume Explodes by 74%

On Sunday, February 1, 2026, XRP experienced a dramatic spike in trading activity, with its volume surging by more than 74%. This sharp increase in trading occurred during the early hours of the day, signaling a sudden and concentrated interest in the digital asset from market participants. The move stood in stark contrast to the prevailing bearish sentiment across the digital asset landscape.

Asset Diverges from $2.58B Crypto Market Crash

The surge in XRP's volume was particularly notable because it happened while the broader cryptocurrency market faced a severe downturn, described as a "$2.58 billion crash." This counter-market performance suggests that XRP's trading activity was driven by asset-specific factors rather than general market trends. The divergence could indicate a speculative frenzy around XRP or a possible flight-to-safety by traders moving capital away from other declining assets. This unusual behavior creates uncertainty and suggests a high potential for increased price volatility for XRP in the near term.