{"id":135865,"date":"2024-08-20T15:00:41","date_gmt":"2024-08-20T12:00:41","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=135865"},"modified":"2024-08-20T13:36:35","modified_gmt":"2024-08-20T10:36:35","slug":"xrp-rises-as-whale-activity-declines-and-demand-grows","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/xrp-rises-as-whale-activity-declines-and-demand-grows\/","title":{"rendered":"XRP Rises as Whale Activity Declines and Demand Grows"},"content":{"rendered":"<p>This rise comes as part of a broader cryptocurrency market recovery, positioning <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/xrp\/\">XRP<\/a><\/strong> as the top gainer among major coins.<\/p>\n<p>One key factor behind XRP\u2019s price boost appears to be the reduced activity of large investors, or \u201cwhales,\u201d who have significantly decreased their transactions on centralized exchanges like Binance since August 18.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/beincrypto.com\/wp-content\/uploads\/2024\/08\/xrp-whale-exchange-transactions.png.webp\" alt=\"XRP Whale to Exchange Transactions. \"><\/p>\n<p>Fewer whale transactions typically suggest less selling pressure, which has likely helped support XRP\u2019s rebound.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/ethereum-gas-fees-reach-new-low-as-eth-price-struggles\/\" title=\"Ethereum Gas Fees Reach New Low as ETH Price Struggles\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/ethereum-gas-price-goes-up-240x170.jpeg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Ethereum Gas Fees Reach New Low as ETH Price Struggles<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>At the same time, trading activity on decentralized exchanges (DEXes) has surged by 28% in the last 24 hours, indicating growing on-chain demand for XRP. This increase in DEX volume is a positive signal for the token\u2019s liquidity and price stability.<\/p>\n<p>If these trends hold, XRP\u2019s price could continue to rise in the coming days.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP price has climbed back to $0.60, marking its first return to this level in 10 days with a 7.74% increase over the past day.<\/p>\n","protected":false},"author":3,"featured_media":38604,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-135865","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>XRP Rises as Whale Activity Declines and Demand Grows<\/title>\n<meta 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