XRP price rises sharply as XRP Ledger stablecoin velocity hits 1-year high, marking an increase in real-time settlement activity behind price action.
Summary
- XRP price is trading near $1.48 with intraday celebrations flat but strengthening market cap and liquidity.
- Stablecoin stock on XRPL is estimated at $425M, and the amount transferred is close to $1.2B in 30 days, suggesting momentum.
- Increased activity, cost burn, and collateral demand are boosting XRP’s medium-term price setup despite broader market pressure.
XRP price and market overview
As of Feb. 18, XRP (XRP) is trading around $1.48, while the 24-hour move is roughly flat to slightly positive (around +0.1% to +0.7% depending on location).
The data shows XRP at $1.48 with a 24-hour change of +0.11%, a circulating supply of around 60.92 billion tokens and a market cap of around $89.96 billion. CoinMarketCap and other trackers widely confirm 24-hour volume at $2.2–$2.4 billion and a total XRP supply of 100 billion.
For context, Bitcoin is trading near $67,900, down about 0.8-0.9% on the day, with more than $33 billion in 24-hour volume. Ethereum is changing hands around $1,998–$2,000, up about 0.5% in the last 24 hours, with local volume near $2.7 billion.
Velocity in XRPL: real money moving
The value of the Stablecoin is rising on the XRP Ledger, and very fast. About $425 million in stablecoins now reside on XRPL, up 6.6% over the 30 days ending Feb. 12, while Ripple’s RLUSD accounts for about 83% of that pool. In financial terms, that basis is the “money stock” of the book.
The most important price signal, however, is speed. According to one analyst, “An increase in stablecoin transfers is often a more informative piece of information than an increase in stablecoin supply, because it indicates that people are actually moving money rather than just depositing it.” Over the past 30 days, XRPL has processed nearly $1.2 billion in stablecoin transfer volume, a 57.5% jump that the author calls “a huge increase in volume, to say the least.”
In big terms, you have a growing stock ($425 million in stablecoins) that turns over quickly ($1.2 billion), which means that each unit of the currency rotates several times a month. That increase in the value of the currency supports cost-burning, forces participants to hold XRP as collateral, and tends to support speculative circles in actual payment activity instead of pure narrative.
XRP price trend implications
The XRP Ledger (XRPL) is being used for what it was designed to do. In other words, speed is putting rails before the price tries to break out. Higher payment flows would attract more businesses and developers to build on top of the ledger, and they would have to buy and hold some XRP to do so, while more activity means more XRP is used to pay operating costs.
However, does this mean you should drop $2,000 on XRP today? For marketers accustomed to chasing beta, the message is clear: look at the speed and cash flow of the chain first; a sustainable leg higher in XRP is likely to come only once fundamental consumption continues with the current decline.
