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Amid the latest market recovery, $XRP recently crossed $15 billion in daily trading volume, marking the largest record of this year, 2026.
The crypto market recently began recovering after months of sustained selling pressure. Notably, the global crypto market cap added $474 billion last week, giving major cryptocurrencies room to recover from their recent losses.
$XRP was one of the biggest winners among the top 100 crypto assets. The token gained 53% last week, marking its best weekly performance since November 2024. Along with the strong price increase, $XRP also saw a spike in trading activity, with fresh data showing its highest daily trading volume in nearly a year.
$XRP Records $15.4B in Daily Volume
Data from CoinMarketCap shows that $XRP recorded $15.4 billion in 24-hour trading volume on Saturday, Aug. 22.
This marked the first time $XRP’s daily volume crossed $12 billion this year and the highest volume since the Oct. 10, 2025, crash. It also represented a 1,300% increase from $XRP’s $1.1 billion average daily trading volume in August.
The Aug. 22 figure also beat $XRP’s previous yearly volume record of $11.836 billion by 30%. For context, $XRP set this earlier record during the recovery in early February.
Specifically, on Feb. 5, $XRP and the broader crypto market suffered a sharp sell-off, with $XRP falling 19.71% to $1.21. During the decline, $XRP recorded $11.34 billion in daily trading volume, which was its yearly high at the time.
The market quickly recovered from the Feb. 5 sell-off. On Feb. 6, $XRP jumped 21.07% to $1.46, while trading activity increased further. Traders exchanged $11.836 billion worth of $XRP that day, setting a new yearly record for daily volume.
That $11.836 billion record stood for several months before $XRP reached the much higher $15.4 billion figure on Aug. 22.
Record $XRP Volume Brings Limited Price Gains
Despite the huge trading volume on Aug. 22, $XRP bulls could not turn the activity into a major daily gain. $XRP rose just 0.53% that day, even though the token experienced wide price swings during the session.
Notably, $XRP climbed to as high as $1.69, a level it had last reached in late January. However, sellers stepped in around that area and pushed the price back toward $1.40. $XRP eventually closed Aug. 22 at $1.46.
The next day produced an interesting contrast. On Aug. 23, $XRP gained 3.96% to $1.51, even though its daily trading volume fell to $6.5 billion.
$XRP Gives Back Some Recent Gains
However, $XRP has started the new week on a weaker note, giving back some of the gains from last week’s rally. So far today, the token has fallen 2.58%, putting it on track for its first intraday loss since the rally began.
The decline has also pushed $XRP below the $1.50 level. The token currently trades around $1.4805. However, the latest pullback has done little to erase $XRP’s strong August performance. The cryptocurrency remains up 39.97% this month.
$XRP has also made a major improvement in its yearly performance. The token now sits about 19% lower year-to-date, compared with a 42% loss at the start of August.