2.2 Billion XRP Moves in 24 Hours: What's Going On?

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2.2 Billion XRP Moves in 24 Hours: What's Going On?
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XRP has received significant attention in last 24 hours

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This apparently triggered a flurry of trading as investors reacted to recent market fluctuations. Amid this, XRP has managed to attract considerable attention, with its trading volume surging by 46%, amounting to 2.2 billion XRP, or $1.1 billion.At the time of writing, XRP was down 0.71% in the last 24 hours to $0.531. The token is down 15.84% in the past week, weighed down by the SEC's recent appeal move.

Last summer, Judge Analisa Torres handed down a decision in the Ripple lawsuit hailed as a landmark win for the crypto industry. The decision determined that XRP is not a security when sold to retail investors on exchanges, but certain institutional sales were found to have violated securities law.

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