Ripple’s XRP is buzzing again. Over the last 24 hours, XRP climbed 1.04%, pushing its price to $2.22. Though the price gain seems modest, it marks a key level as bullish momentum builds. The token’s market cap now stands at a staggering $130.76 billion, up 1.05%, firmly placing it among the top cryptocurrencies.

What’s driving this renewed investor interest? The real story lies in the massive spike in trading volume. XRP’s 24-hour volume surged 159.32% to $5.24 billion. This sharp increase signals a burst of market activity and likely reflects institutional and whale moves ahead of a potential price breakout.

Community Sentiment Leans Strongly Bullish

According to CoinMarketCap’s sentiment tracker, 88% of over 1.1 million votes are bullish. Only 12% lean bearish, showing strong crowd confidence. Influential crypto voices like Vlad Hryniv are adding fuel to the fire, with provocative projections like XRP reaching $21,000. Although that figure seems far-fetched for now, hype is clearly returning.

Related article: Analysts Predict Explosive XRP Breakout After Prolonged Consolidation

In the last 24 hours, XRP saw a low of $2.20 and a high of $2.34. Despite slight fluctuations, the price held relatively steady showing resilience after earlier drops. The chart shows a sharp spike midday followed by a slight correction, but momentum remains intact.

_{Source: CoinMarketCap}

Currently, XRP’s total supply is near its max at 99.98 billion coins, with 58.88 billion circulating. With only a small percentage of coins left to be released, scarcity could become a factor in future price moves.

Long-Term Growth Still Impressive

Though XRP is still down 42.17% from its all-time high of $3.84 (set in January 2018), it has posted a mind-blowing 79,180.69% gain from its all-time low of $0.002802 in July 2014. The token’s long-term trajectory remains one of the most dramatic in crypto history.

Related article: XRP Up 3.3% This Month: Is Ripple Ready to Reclaim Its $3.84 High?

XRP’s current price action shows strength, but the real headline is the explosive surge in trading volume. With whales active and community sentiment overwhelmingly bullish, XRP could be gearing up for another major move. If current momentum holds and broader market conditions remain favorable, XRP may be setting the stage for a breakout in the coming days.