Over $35 billion flows into XRP in a week

XRP has seen a resurgence in investor demand, with over $35.88 billion flowing into its market capitalization between July 9 and July 16, according to CoinMarketCap data retrieved by Finbold.

The token’s market cap rose from $137.40 billion to $173.28 billion, driven by an aggressive breakout that saw prices surge 26.03% from $2.32 to $2.93 over the same seven-day period.

XRP is approaching key psychological and technical milestones

XRP is now rapidly approaching its January 18, 2025 peak of $3.29, when its market cap temporarily touched $189.1 billion a level that many analysts view as a psychologically and technically significant threshold.

While the current price of $2.93 remains roughly 11% below that peak, the recent momentum, combined with accelerating capital inflows, suggests the digital asset could retest those highs in the near term.

Decoupling volume and price movement

Despite the sharp appreciation, 24-hour trading volume has declined 38.85% during the same week, falling to $7.13 billion. This divergence between volume and price indicates that the rally may be driven more by spot accumulation and reduced sell-side pressure than speculative trading. The Vol/Mkt Cap ratio now sits at a muted 4.12%, supporting the thesis that capital is parking in XRP, not rotating rapidly.

Typically this reflects a shift from high-frequency speculative flows to conviction-based accumulation, especially from larger holders. Investors may be anticipating regulatory clarity, institutional onboarding, or strategic announcements from Ripple, such as cross-border partnerships or tokenization initiatives.

Finally, XRP’s fully diluted valuation (FDV) currently stands at $293.04 billion, placing it among the top-tier digital assets by network value. With a circulating supply of 59.13 billion XRP and a capped total supply of 100 billion, XRP maintains high float liquidity while benefiting from increasing investor conviction.

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