XRPL DEX Hits $20B Liquidity Milestone as Ripple’s Ecosystem Expands

• XRPL DEX surpasses $20B in liquidity, highlighting XRP’s expanding role in DeFi.
• Whales and retail investors drive XRP price surge, fueling bullish market sentiment.

One of the most significant developments in the XRP ecosystem is the rapid expansion of the XRPL decentralized exchange (DEX). A recent CNF report highlighted that XRPL has enhanced KYC/AML compliance with secure and private identity verification, further strengthening its regulatory framework.

As recently tweeted by Latest Crypto XRP, the community reacted with excitement, expressing: “Goodness, Gracious, $BIG Balls of Fire!”

Goodness, Gracious, $BIG Balls of fire!!! 🔥🔥🔥

Know What You Hold👀 @BigBallsXRPL

You Hold $BIG Balls!!! #XRPL #XRPL #ElonMusk

TG: https://t.co/h1iQVuwfny

DEX: https://t.co/Hfs7iOmA6s pic.twitter.com/pXV5RM3AAC

— Latest Crypto XRP (@LatestCryptoXRP) February 12, 2025

According to CryptoQuant, liquidity on XRPL DEX has quadrupled in under three months, surpassing the $20 billion mark. This surge highlights the growing demand for XRP’s decentralized trading infrastructure and reinforces the ecosystem’s expanding role in the broader crypto market.

XRPL DEX Reaches a New Liquidity Milestone

Ripple’s XRP has been a standout performer in 2025, surging by 44% since the beginning of the year. This price rally has pushed XRP’s market capitalization to an impressive $191 billion, solidifying its position as the third-largest cryptocurrency.

Currently, XRP is trading at $2.41 with a decrease of 3.41% in the past day and 3.33% in the past week, driven by rising investor interest, increased on-chain activity, and growing adoption of the XRP Ledger (XRPL).

Importantly, the rise of Ripple-based meme coins is also contributing to this growth. PHNIX, a meme coin built on the XRP Ledger, has surged by over 155% in just a week, demonstrating the increasing diversity of assets traded on XRPL DEX. The platform’s enhanced liquidity and rising trading activity continue to strengthen XRP’s utility and long-term potential.

Retail and Institutional Demand Driving XRP’s Price

Retail interest in XRP has skyrocketed, pushing its price closer to all-time highs. Technical indicators confirm this bullish momentum, with XRP’s Relative Strength Index (RSI) climbing to 76, signaling overbought conditions, while the Chaikin Money Flow (CMF) indicator sits at 0.31, reflecting strong buying pressure. These metrics suggest sustained demand from both retail and institutional investors.

Adding to the bullish outlook, XRP whale addresses—those conducting transactions exceeding 1 million XRP—are accumulating at an accelerated pace. According to analyst Ali Charts, whales have acquired over 1.09 billion XRP in just a week. If this accumulation trend continues, XRP could be on track to break new records in the coming months.

Two key takeaways from this development are that XRPL DEX surpassing $20 billion in liquidity highlights XRP’s expanding role in DeFi, and whale accumulation combined with strong retail interest is fueling XRP’s bullish momentum.

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