XRP Lags Market Rally but Volume Tells a Different Story

Core Insights - XRP has shown modest gains of 1.33%, reaching $2.41, but has underperformed the CD5 index by 0.50% despite increased trading activity [1] - The total 24-hour trading volume for XRP surged by 9.55% above its seven-day average, indicating renewed institutional interest and potential accumulation around the $2.40 psychological support level [1] - The broader cryptocurrency market is experiencing a rally, primarily driven by Bitcoin's performance and a shift away from gold, suggesting a rotation into digital assets [1] - XRP's relative underperformance may be attributed to sector rotation rather than weakening fundamentals, supported by Ripple's $1 billion fundraising and multiple pending ETF applications [1]