XRP Trading Volume Explodes 56% as Bulls Target $3 Price

by Crypto Hobby

Updated July 04, 2025

XRP coin soaring past a bull — XRP Trading Volume Explodes 56% as Bulls Target $3 Price

XRP, Ripple's native cryptocurrency, has experienced a significant surge in daily trading volume, jumping by 56% to $4.2 billion. This dramatic increase is fueling bullish sentiment among traders, with many now setting their sights on a $3 price target for XRP, driven by recent positive banking developments and increased investor confidence.

XRP Trading Volume Soars Amid Bullish Sentiment

Ripple's XRP has seen its daily trading volume skyrocket by an impressive 56%, reaching $4.2 billion from $2.7 billion just a week prior. This substantial increase indicates a strong influx of both retail and institutional investors, eager to capitalize on the cryptocurrency's recent momentum. The surge in volume coincided with a nearly 5% price spike for XRP on Thursday, pushing its value to a high of $2.3 during the trading session.

Bulls Eye $3 Price Target

The heightened trading activity is largely attributed to growing optimism among XRP bulls, who are now targeting a $3 price point. This confidence is reflected in the options market, where call strike options for $2.80 and $3 have seen a notable increase in activity. Data from Deribit Amberdata reveals that call options at strikes as high as $4 with an expiry of September 28, 2025, are also being traded, though the $3 target appears more immediately feasible.

A $3 strike call has seen 2 million contracts change hands.
The increasing confidence and rising risk appetite among bidders signal a strong bullish outlook for XRP.

Impact of Banking Developments

Recent positive banking developments are playing a crucial role in fueling this bullish sentiment. Traders are taking entry positions, anticipating that these developments will significantly impact XRP's value. The sustained buying pressure has turned all key performance indicators green, including the 24-hour, 7-day, 30-day, and 1-year charts, suggesting a potential for a continued rally towards the $2.80 and $3 marks.