Key Highlights
- XRP climbed above $2.13, marking a recovery after seven consecutive days of trading downward.
- Trading activity surged, with spot volume up 83% to $4.76 billion, futures volume rising 61% to $7.7 billion, and open interest reaching $4.15 billion.
- The XRPL 3.0.0 upgrade went live, preparing the network for the upcoming XLS-66 Lending Protocol and compliance features.
XRP recorded a strong price recovery over the last 24 hours as its price climbed more than 3% to trade above the $2 level.
The token is currently trading around $2.13 after trending lower over the last seven days. This surge coincided with the increase in trading activity, which recorded an 83% surge in the last 24 hours, resulting in $4.76 billion worth of trading volume, according to CoinMarketCap.
In addition, activity in the futures market grew, with XRP futures volume climbing 61% to $7.7 billion. According to Coinglass, open interest increased by a modest 1% to around $4.15 billion, which means new positions were added instead of traders simply closing existing ones.
XRPL upgrade now active with new tools for developers
Meanwhile, developments on the XRP Ledger are taking place. Earlier today, RippleX announced that all amendments for XRPL Version 3.0.0 are now active and asked node operators to update their systems without delay.
In a post on X, RippleX stated that failure to upgrade could result in nodes being “amendment blocked.” The update fixes bugs, improves accuracy in ledger data, and adds new tools for developers.
According to an earlier Ripple blog post, Version 3.0.0 improves how the ledger handles tokens, escrows, and price data, while making records more accurate. It also improves network performance by making AMM transactions, consensus checks, and order book loading more reliable. Developers benefit from cleaner code, better testing systems, and clearer setup instructions.
The upgrade follows Ripple’s roadmap from September 2025, which focuses on using XRPL for regulated financial services. This includes the upcoming XLS-66 Lending Protocol, which is designed without smart contracts or on-ledger collateral.
Ripple has also introduced tools like Multi-Purpose Tokens, identity credentials, and Deep Freeze to support compliance needs. To improve security, the company partnered with Immunefi on a $200,000 Attackathon and recently tested AI tools with AWS Bedrock to study large XRPL data logs, helping improve network stability and performance.
XRP price reacts from key support
Looking at XRPUST’s chart on the daily timeframe, XRP saw a push to the upside on January 13 after tapping up a support level at $2.03. With that, the price confirmed a change of character, which confirmed a possible rally.
The price is now approaching a resistance level at $2.23, a level it recently broke through on January 6. Another break above this level could spark a rally up to $2.55 or $2.69, which is the extreme resistance level.
The Relative Strength Index (RSI) is currently at 57.84, while the moving average is at 57.59. This means the market is neutral, but a surge above 50 MA suggests that the price might soon be taken over by the buyers. If not, the price has a probability of dropping to the $1.75 support level.
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