XRP surged more than 10% in a sharp cryptocurrency market rally, with the XRP price trading around $1.10 during Wednesday’s session. The move marked one of XRP’s strongest single-day advances in recent months and pushed its market capitalization higher as broader cryptocurrency markets also recorded significant gains.
XRP Gains Momentum
According to Investing.com, XRP was trading at $1.1018 at 16:55, up 10.17% on the day. The cryptocurrency moved between roughly $0.9958 and $1.1019 during the previous 24 hours, showing strong buying momentum as investors returned to the broader digital-asset market. The latest increase represented XRP’s largest one-day percentage gain since February 6.
The rally lifted XRP’s market capitalization to approximately $67.82 billion, giving it a 2.91% share of the overall cryptocurrency market. Trading activity also remained substantial, with roughly $2.13 billion worth of XRP changing hands during the 24-hour period covered by the report. Over the previous seven days, XRP had gained about 7.18%.
Broader Crypto Market Rally
XRP’s advance came alongside strong gains from other major cryptocurrencies. Bitcoin was trading near $69,097.60, up about 7% on the day, while Ethereum climbed 15.15% to approximately $2,202.92. The simultaneous gains suggest that the move was part of a broader cryptocurrency rally rather than an isolated jump in XRP.
Despite the latest surge, XRP remains well below its previous record high. Investing.com reported that the token was still about 69.86% below its all-time high of $3.66, reached on July 18, 2025. That gap highlights how sharply XRP has moved across different market cycles even as the latest rally has renewed attention from traders.
The strong daily performance puts XRP back in focus as investors monitor whether the cryptocurrency can maintain its momentum. Continued gains across Bitcoin, Ethereum and other digital assets could provide additional support, although cryptocurrency prices remain highly volatile and can reverse quickly.
For now, XRP’s double-digit advance stands out as one of the latest signs of renewed strength across the crypto market. Traders will be watching whether the rally develops into a sustained recovery or fades after the sharp one-day move.
Source : investing.com
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