Payments-focused cryptocurrency XRP XRP/USD retained strong momentum in the early hours of Monday, while higher-valued coins retraced.

What happened: XRP rose by over 3% in the last 24 hours, defying corrections in Bitcoin BTC/USD and Ethereum ETH/USD.

The 24-hour trading volume soared 150% to $10.59 billion, highlighting high liquidity and trader engagement.

Over the past week, XRP has posted a gain of 18.80%, primarily due to news of a formal settlement agreement between Ripple Labs and the SEC, which might bring the multi-year legal battle to a close.

The coin has also profited from the U.S.-China tariff de-escalation.

The XRP derivatives market was also boosted, with Open Interest rising…

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