> At a Glance
> – XRPL DEX liquidity surged to $173 billion despite recent price dips
> – 890,268 DEX transactions show the new liquidity is being actively used
> – US spot XRP ETFs pulled in $46.1 million on January 5 alone
> – Why it matters: Large players are positioning for a potential volatility spike, making big trades easier to execute
XRP’s market structure is flashing recovery signals in early January, with on-chain data showing institutional-grade liquidity pouring into the XRPL decentralized exchange even as the broader crypto market steadied.

Liquidity Keeps Climbing
CryptoQuant’s latest report notes that total liquidity on the XRPL DEX has climbed to $173 billion-a rare occurrence during price pullbacks. Typically, liquidity dries up when prices retreat; this time it kept rising, hinting that market makers and deep-pocketed providers are building positions.
- Liquidity spikes have grown larger and more frequent since December 10, 2025
- The pattern suggests institutional-grade participants are entering
- Bigger liquidity pools let whales execute sizable orders without slashing prices
Network Usage Follows the Money
The fresh liquidity isn’t sitting idle. XRPL DEX transactions totaled 890,268, showing real demand is soaking up the new depth.
| Metric | Figure |
|---|---|
| Total DEX Liquidity | $173 billion |
| DEX Transactions | 890,268 |
| Monthly XRP Gain | >15 % |
| ETF Inflow (Jan 5) | $46.1 million |
Buyers Regain Control
Trading sentiment has tilted bullish. The Taker Buy Ratio has moved above 0.5, indicating buyers are leading the charge. XRP also broke out of a falling-wedge pattern after $5.8 million in shorts were liquidated, helping the token stay above $2.30.
Regulated exposure is adding fuel: US-listed spot XRP ETFs recorded $46.1 million of inflows on January 5, according to SoSoValue data, extending a streak of gains despite choppy price action.
Key Takeaways
- XRPL DEX liquidity at $173 billion signals institutional preparation
- 890,268 on-chain transactions confirm genuine user demand
- ETF inflows of $46.1 million show steady appetite for regulated XRP access
- Technical breakout plus short squeeze pushed XRP past $2.30
With deep liquidity, rising activity, and renewed buying pressure, XRP’s infrastructure looks increasingly ready to handle the next big move.

