XRP Surges with Largest One-Day Gain Since 2024
XRP's Remarkable Surge
XRP experienced a significant leap, trading at $2.8664, marking a 12.28% increase in a single day. This surge represents the largest one-day percentage gain since December 2024. The rise in XRP's value boosted its market capitalization to $159.8036 billion, accounting for 4.76% of the entire cryptocurrency market cap. In the last 24 hours, XRP has fluctuated between $2.6511 and $2.8905.
Weekly Performance and Market Impact
Over the past week, XRP's value climbed by 19.23%, indicating strong market performance. The trading volume for XRP reached $14.7117 billion, making up 12.04% of the total cryptocurrency trading volume. Despite this growth, XRP remains 12.88% below its all-time high of $3.29, recorded on January 4, 2018.
Broader Cryptocurrency Market Trends
In parallel with XRP's upward trend, Bitcoin saw a slight increase, trading at $98,217.1 with a 1.94% daily rise. Ethereum also experienced growth, trading at $3,263.64, representing a 1.70% gain. Bitcoin's market capitalization stood at $1,920.3319 billion, making up 57.18% of the total cryptocurrency market cap. Meanwhile, Ethereum's market cap reached $386.4716 billion, contributing 11.51% to the market's overall value.
These developments highlight the dynamic nature of the cryptocurrency market, with XRP's significant gains drawing attention within the digital currency landscape.
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