XRP showcases signs of recovery with a notable price rebound and increasing whale activity
On Tuesday, the controversial cryptocurrency associated with blockchain company revisited the $0.60 price mark for the first time since its fall on Aug. 16, as per data analytics firm Santiment. The data further indicates an all-time high of 277,620 wallets now holding at least 10,000 XRP, illustrating a potential vote of confidence or strategic positioning by investors. According to data provided by CoinGecko, the XRP token is currently trading at $0.59 with a 24-hour range between $0.
By the end of Q3, XRP's volatility settled to historical 90-day lows, hovering around 40%. Moreover, after peaking at nearly $4B in traded volume on the day of the SEC's decision, daily trading volumes forIn terms of market dominance, Binance continued to play a significant role, handling about 60% of XRP's trade during Q3.
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