{"id":8222,"date":"2025-01-15T18:21:23","date_gmt":"2025-01-15T18:21:23","guid":{"rendered":"https:\/\/icobench.com\/?p=8222"},"modified":"2025-01-15T18:24:19","modified_gmt":"2025-01-15T18:24:19","slug":"xrp-trading-volumes-surge-by-143-percent","status":"publish","type":"post","link":"https:\/\/icobench.com\/news\/xrp-trading-volumes-surge-by-143-percent\/","title":{"rendered":"XRP Trading Volumes Surge by 143% &#8211; Is Ripple Poised to Hit $4?"},"content":{"rendered":"<p><strong>XRP trading volumes are surging by 143% today<\/strong> to $19 billion as the market\u2019s positive sentiment concerning the future of the Ripple blockchain has managed to produce a robust rally since the year started.<\/p>\n<p>In the past 24 hours, <strong>the price of XRP has surged by 10.8%<\/strong> and temporarily broke the $3 resistance. During this period, nearly 11% of the token\u2019s circulating supply exchanged hands.<\/p>\n<p>One of the main drivers for this surge is that the deadline for the U.S. Securities and Exchange Commission (SEC) to file an appeal on the judge\u2019s verdict in its case against Ripple expires today.<\/p>\n<p>Two of the project\u2019s top executives blasted the SEC\u2019s leadership for rejecting a proposal to postpone the appeal\u2019s deadline. Brad Garlinghouse, Ripple\u2019s Chief Executive Officer, categorized Gary Gensler\u2019s decision as \u201cdismissive of the 2024 election and the American public.\u201d<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">On January 20, Gensler\u2019s war on crypto ends at the SEC. We asked the SEC to agree to postpone the filing of their opening brief in their appeal of our victory (current deadline Jan 15) \u2013 and they refused. What a waste of time and taxpayer dollars!<\/p>\n<p>Nevertheless, we are confident\u2026<\/p>\n<p>\u2014 Stuart Alderoty (@s_alderoty) <a href=\"https:\/\/twitter.com\/s_alderoty\/status\/1879215359238262875?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener noreferrer\">January 14, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Meanwhile, the project\u2019s Chief Legal Officer, Stuart Alderoty, called the agency\u2019s reluctance a \u201cwaste of time and taxpayer dollars.\u201d<\/p>\n<p>Back in October 2024, the SEC appealed a court ruling that imposed a $125 million penalty on Ripple for violating securities laws when they sold XRP to institutional investors. This penalty represented only a fraction of the total that the SEC was seeking to get from the blockchain company.<\/p>\n<p>However, today\u2019s appeal refers to the Programmatic Sales ruling issued by Judge Analisa Torres, who declared that Ripple\u2019s sales of XRP to retail investors did not breach any U.S. securities laws.<\/p>\n<h2><span id=\"xrp_retreats_shortly_after_breaking_the_3_barrier\">XRP Retreats Shortly After Breaking the $3 Barrier<\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-8223 size-full\" src=\"https:\/\/icobench.com\/wp-content\/uploads\/2025\/01\/xrp-surges-as-deadline-for-sec-to-appeal-case-looms.png\" alt=\"xrp surges as deadline for sec to appeal case looms\" width=\"920\" height=\"503\" srcset=\"https:\/\/icobench.com\/wp-content\/uploads\/2025\/01\/xrp-surges-as-deadline-for-sec-to-appeal-case-looms.png 920w, https:\/\/icobench.com\/wp-content\/uploads\/2025\/01\/xrp-surges-as-deadline-for-sec-to-appeal-case-looms-300x164.png 300w, https:\/\/icobench.com\/wp-content\/uploads\/2025\/01\/xrp-surges-as-deadline-for-sec-to-appeal-case-looms-768x420.png 768w\" sizes=\"auto, (max-width: 920px) 100vw, 920px\"><\/p>\n<p>Today\u2019s big leap in the price of XRP could mark a pivotal moment for the cryptocurrency as it came the closest it has been in the past 6 years to its 2018 all-time high of $3.31 per token.<\/p>\n<p><strong>During the session, the price surged to $3<\/strong> and then started to retrace as market participants took a breather.<\/p>\n<p>Today\u2019s price action has significant implications for XRP from a technical standpoint, as the $2.75 resistance has already been broken, while the $3 level coincides with a voice psychological threshold and the 0.618 Fibonacci level shown in the chart.<\/p>\n<p><strong>Moving forward, a break above the 0.50 Fibonacci could propel the price of XRP to the $4 level<\/strong> in the next few months as a fresh bullish cycle would begin for this digital asset.<\/p>\n<p>A new administration will soon take over and Gary Gensler will be replaced by a pro-crypto leader at the SEC. The crypto industry expects that Trump\u2019s pick for the agency, Paul Atkins, could come to an understanding with Ripple and put an end to years of relentless persecution and hostility against the company.<\/p>\n<p>If that happens, chances are that the price of XRP will skyrocket as the company\u2019s value proposition of becoming the go-to network for cross-border payments continues to be intact and has even strengthened with the recent launch of its stablecoin RLUSD.<\/p>\n<h2><span id=\"this_ai_agent_platform_presale_has_raised_12m_in_just_two_days\">This AI Agent Platform Presale Has Raised $1.2M in Just Two Days<\/span><\/h2>\n<p><span style=\"box-sizing: border-box; margin: 0px; padding: 0px;\">AI-powered platforms in the crypto space, like Virtuals, have been attracting investors\u2019 attention in the past few months, but one nascent project,\u00a0<a href=\"https:\/\/icobench.com\/visit\/mindofpepe\" target=\"_blank\" rel=\"noopener nofollow\">Mind of Pepe ($MIND)<\/a>, offers the most attractive opportunity of all.<\/span><\/p>\n<p>Just two days after its presale event was launched, Mind of Pepe has raised $1.16 million from investors. This project leverages the power of artificial intelligence to create social trends that can be monetized by minting tokens and placing trades based on social sentiment and other technical indicators.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-8192\" src=\"https:\/\/icobench.com\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-15-120315.png\" alt=\"MIND of Pepe\" width=\"1147\" height=\"614\" srcset=\"https:\/\/icobench.com\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-15-120315.png 1147w, https:\/\/icobench.com\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-15-120315-300x161.png 300w, https:\/\/icobench.com\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-15-120315-1024x548.png 1024w, https:\/\/icobench.com\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-15-120315-768x411.png 768w\" sizes=\"auto, (max-width: 1147px) 100vw, 1147px\"><\/p>\n<p><strong>Mind of Pepe ($MIND) has a mind of its own<\/strong> that is designed to plan and execute sophisticated strategies based on his analysis of social media trends and the creation of popular digital assets that the public would be inclined to invest in.<\/p>\n<p>The native token of this project, $MIND, <strong>is currently available at just $0.0031259<\/strong>. However, the presale price will increase in the next 40 hours to reward early buyers.<\/p>\n<p>To buy $MIND, head to the <a href=\"https:\/\/mindofpepe.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Mind of Pepe website<\/a> and connect your wallet. <strong>You can swap ETH, USDT, or BNB tokens or use a bank card to complete the transaction.<\/strong><\/p>\n<p>The era of artificial intelligence has started and it is already taking over the crypto world. With Mind of Pepe ($MIND), you can make the most of two hot sectors in the tech space and multiply your investment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP trading volumes are surging by 143% today to $19 billion as the market\u2019s positive sentiment concerning the future&#8230;<\/p>\n","protected":false},"author":138,"featured_media":8225,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[219],"tags":[],"class_list":["post-8222","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.3 (Yoast SEO v24.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>XRP Trading Volumes Surge by 143% - Is Ripple Poised to Hit $4?<\/title>\n<meta name=\"description\" content=\"Trading volumes for XRP more than doubled in the past 24 hours as investors wait for the SEC&#039;s decision concerning a key court deadline.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/icobench.com\/news\/xrp-trading-volumes-surge-by-143-percent\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"XRP Trading Volumes Surge by 143% - Is Ripple Poised to Hit $4?\" \/>\n<meta property=\"og:description\" content=\"Trading volumes for XRP more than doubled in the past 24 hours as investors wait for the SEC&#039;s decision concerning a key court deadline.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/icobench.com\/news\/xrp-trading-volumes-surge-by-143-percent\/\" \/>\n<meta property=\"og:site_name\" content=\"icobench.com\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-15T18:21:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-01-15T18:24:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/icobench.com\/wp-content\/uploads\/2025\/01\/xrp-trading-volumes-more-than-double-in-past-24-hours.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1792\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Alejandro Arrieche\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Alejandro Arrieche\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/icobench.com\/news\/xrp-trading-volumes-surge-by-143-percent\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/icobench.com\/news\/xrp-trading-volumes-surge-by-143-percent\/\"},\"author\":{\"name\":\"Alejandro Arrieche\",\"@id\":\"https:\/\/icobench.com\/#\/schema\/person\/9080fbac94e35871d6317dd00df78b3f\"},\"headline\":\"XRP Trading Volumes Surge by 143% &#8211; 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