XRP breaks above $1.45 resistance on volume surge

XRP rose more than 2.5 percent on May 10 to break through the $1.45 level that had capped gains for weeks. The move outpaced both bitcoin and ether and occurred alongside one of the largest volume spikes in recent sessions.

The cryptocurrency advanced from $1.4176 to a session high of $1.5073 before retreating toward the breakout zone. Volume exceeded 169 million units during the 4 p.m. to 5 p.m. window on May 10, indicating participation beyond typical retail flows.

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Illustration of XRP price chart declining after tokenized treasury settlement on blockchain.
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XRP slips below $1.42 after tokenized treasury settlement

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XRP retreated from recent gains as it consolidated near $1.41 following a cross-border tokenized U.S. Treasuries transaction on the XRP Ledger. The move occurred even as Ripple advanced institutional use cases with major partners.

The XRP token increased by more than 4% on February 14, reaching its highest level in over a week. This rebound, which exceeds 30% from its year-to-date low, aligns with broader cryptocurrency market gains following positive US inflation data. The surge also ties to growth in Ripple's USD stablecoin after its Binance listing.

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XRP has risen nearly 5% in the past 24 hours to $1.42, outperforming bitcoin, ethereum and solana. Prediction markets show 67% odds of it exceeding $1.50 in March. Despite the gains, over half of its supply remains at a loss.

Bitcoin's price has fallen below $68,000 as escalating US-Iran conflicts drive volatility in cryptocurrency markets. The drop follows a US-Israel attack on Iran and recent statements from leaders on both sides, compounded by weak US jobs data. Other major coins like Ethereum and XRP have also declined.

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XRP, the cryptocurrency associated with Ripple, saw a 4% decline over the weekend. This drop occurred despite bullish underlying fundamental data for the asset. The price continued to fall as of February 23, 2026.

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