In an impressive display of market momentum, XRP has seen a remarkable surge in trading volume, skyrocketing by 60% in just 24 hours. According to data from CoinGlass, this significant growth was primarily driven by a substantial increase in perpetual XRP futures turnover, reaching a staggering $2 billion. Simultaneously, the spot market witnessed an 18.40% increase in XRP trading volume, reaching $1.75 billion.

As a result, the total turnover of XRP on centralized platforms reached an astonishing $3.75 billion in a single day, accounting for approximately 12.71% of the token's market capitalization. This notable trading activity is a testament to the cryptocurrency's growing popularity and market presence.

Furthermore, XRP's price has demonstrated remarkable resilience, rising by over 3% against Bitcoin and gaining more than 3% in dollar terms. This growth is particularly impressive given the current market decline, which has seen positions worth $119.85 million liquidated in recent hours.

The recent listing of XRP on Coinbase's platform has significantly contributed to its positive momentum. This move marks a significant milestone, making the cryptocurrency available to New Yorkers for the first time since its removal in 2021. As a result, XRP's market presence and trading activity have received a substantial boost.

Gamza Khanzadaev, a financial analyst and crypto enthusiast, notes that XRP's growth is a promising sign for the cryptocurrency market. With its increasing popularity and trading activity, XRP is poised to continue making waves in the financial world.

In conclusion, XRP's remarkable surge in trading volume and price growth is a testament to its growing influence in the cryptocurrency market. As the market continues to evolve, XRP's positive momentum is likely to have a significant impact on the industry's future.