tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

XRP Trading Volume Explodes on Bitkub. Is a Local XRP Price Rally Turning Into a Global Trend?

Story Highlights

Bitkub triggers an official price alert as XRP trading volume hits 1.19 million, following a sharp 5.51% intraday swing that caught the attention of Thai regulators and global investors.

XRP Trading Volume Explodes on Bitkub. Is a Local XRP Price Rally Turning Into a Global Trend?

Digital asset trading is facing a period of intense price swings as 2026 begins. Thailand’s primary exchange, Bitkub, has officially notified its users about a sudden increase in trading activity and rapid price changes for XRP (XRP-USD). This notification highlights a sensitive moment for the market where global sentiment and high local demand are colliding.

Claim 70% Off TipRanks Premium

While the broader cryptocurrency sector deals with new regulatory developments, XRP has stood out due to its high trading volume. Here are the specific factors currently driving this movement.

Bitkub Flags Rising Price Volatility

The exchange issued a formal warning after XRP recorded an average price movement of 5.51% within 24 hours. During this period, the price moved between a low of 63.90 baht and a high of 68.20 baht. These alerts are meant to help traders stay aware of aggressive intraday behavior that can lead to unexpected losses if they are not careful with their positions.

High Volume Magnifies Trading Risks

Participation on the Bitkub platform has reached 1.19 million XRP in trading volume during this volatile window. Large amounts of trading can often make price changes feel more extreme, as investors react to short-term momentum. Analysts suggest that this surge is currently being driven by immediate market interest rather than changes in the long-term fundamentals of the project.

Moreover, the activity in Thailand is part of a larger international trend. Globally, XRP was trading near $2.14 on January 5, 2026, marking a daily gain of about 5%. Because prices on different exchanges tend to follow each other through arbitrage, the strong performance on the world stage is putting direct pressure on local platforms like Bitkub to keep pace.

Buyers Defend Key Support Levels

Technical charts from late December through early January show that many investors are still looking for entry points. Even when the price drops temporarily due to people taking profits, buyers quickly step back in. This suggests that despite the warnings about sudden swings, there is still a belief among some traders that the upward trend will continue through the rest of the month.

Key Takeaway

The takeaway for XRP traders is that 2026 is starting with high levels of both opportunity and risk. The Bitkub alert is a reminder that while the volume is high, the market is currently very sensitive to small changes. Moving forward, the focus will be on whether XRP can break through its next major resistance level of $2.20 or if the current volatility will lead to a deeper correction. For now, the combination of strong global demand and active local trading makes this an important time to watch the charts carefully.

At the time of writing, XRP is sitting at $2.1228.

Disclaimer & DisclosureReport an Issue

1