After Intense Sell-Off, XRP Regains $2 Mark as Futures Volumes Surge to $4B

XRP Reclaims $2 Amid V-Shaped Recovery and Surging Futures Activity

XRP has bounced sharply from recent lows, regaining the $2 level as rising institutional demand and ETF-related optimism drive renewed momentum in the market.

The token fell to $1.91 during the weekend sell-off, but swiftly recovered to hit a 24-hour high of $2.04—marking a 6.5% trading range and forming a distinct V-shaped rebound on the charts. The recovery came alongside a notable uptick in trading volumes, signaling strong dip-buying interest.

Derivative Demand Builds

Futures trading in XRP soared to $3.96 billion in notional volume, led by Binance with 30.58% market share, followed by Bybit and OKX. Analysts point to the rise in derivatives activity as evidence of increasing institutional exposure to XRP.

This comes amid heightened anticipation over regulatory approval of exchange-traded products. In Canada, XRP ETFs by 3iQ and Purpose Investments are now trading on the Toronto Stock Exchange. Meanwhile, in the U.S., the SEC is reviewing a proposal from Franklin Templeton for an XRP ETF, opening a new comment period that could hint at a softening regulatory stance.

Price Action Snapshot

Low: $1.912
High: $2.040
Current Range: XRP is stabilizing near $2.000, with resistance at $2.020 and key support around $1.989.
A clear V-shaped reversal began near $1.913, with price attempting to break out of consolidation in the $2.00–$2.02 zone.

Technical Highlights

XRP surged 6.5% intraday from its local low
A double-bottom pattern is forming near $1.91
The $2.00 mark is emerging as a psychological pivot
Futures volume spiked to $3.96B, suggesting strong institutional positioning
ETF speculation continues to build as regulatory clarity slowly improves

With geopolitical tensions and market volatility still in play, traders will be watching closely to see if XRP can sustain its position above $2 and challenge resistance near $2.14 in the sessions ahead.