XRP Continues to Rise Steadily After Buy Surge in Early May

XRP’s decentralized exchange (DEX) liquidity grew substantially after a sharp decline at the start of the month, exceeding $21 billion by May 9 and remaining stable through May 14. This surge in liquidity coincided with an uptick in XRP’s DEX price, which climbed from approximately $2.15 on May 7 to $2.51 by May 13.

Throughout this timeframe, the DEX buy/sell ratio exhibited notable fluctuations. It peaked at 17.5 on May 4, reflecting a momentary spike in buying activity, but quickly fell back to below 1.5 by May 12. Despite the significant increase in order volume, XRP’s price experienced a controlled ascent, rising steadily rather than undergoing a drastic breakout followed by an equally swift pullback.

The influx of liquidity acted as a stabilizing force, absorbing speculative pressures without causing drastic price movements. As the buy/sell ratio began to ease, XRP continued to ascend, indicating that the recent price increases were not primarily driven by short-term speculation.

Since the onset of the week, XRP’s DEX buy/sell ratio has remained in the 1.4 to 1.5 range, signifying a more normalized market environment. Liquidity levels stayed above $19 billion, reinforcing price stability, even as immediate buying enthusiasm diminished.

This pattern clearly illustrates that XRP’s rise above $2.5 on DEXs was bolstered by enhanced liquidity conditions, despite being initially spurred by a brief wave of speculation. Such strong liquidity mitigates the risk of abrupt price reversals, potentially paving the way for a more sustainable upward trend in the near term.