Ripple's XRP experienced an unexpected surge in trading volume, potentially leading to an unexpected price movement.

The sudden increase in on-chain activity may soon be reflected in the price of XRP.

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XRP is still facing stiff resistance at $0.35.

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XRP is still facing stiff resistance at $0.35.

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Although the increase in network activity was brief, it could foreshadow an impending spike in price volatility.

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On July 15, XRP saw a significant increase in trading volume, which could indicate a significant price movement.

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On July 15, approximately 19 billion XRP tokens were traded between 23:00 and 00:00 UTC, according to the on-chain analytics firm.

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The trading volume of XRP eventually returned to previous levels. At press time, it was hovering around 1.23 billion XRP.

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Technically, XRP appears to be approaching a significant area of resistance after gaining 13.3 percent in the last three days.

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On July 15, approximately 19 billion XRP tokens were traded between 23:00 and 00:00 UTC, according to the on-chain analytics firm.

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