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XRP Surges 10% in Largest Daily Gain Since August

ENTHMSVIIDZHZH-TWJAKOHI
Sep 23, 20261 min read
XRP Surges 10% in Largest Daily Gain Since August

Summary

XRP saw a significant price increase of over 10% on Monday, marking its best single-day performance in over a month and pushing its market capitalization above $95 billion amid a broader crypto rally.

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Background

XRP experienced a significant rally on Monday, climbing 10.05% to trade at $1.5424 as of 05:38 (21:38 GMT), according to data from the Investing.com Index. The move marked the cryptocurrency's largest single-day percentage gain since August 21, 2026.

Performance and Market Metrics

The price surge elevated XRP's total market capitalization to $95.89 billion, accounting for 3.27% of the entire cryptocurrency market. During the preceding 24 hours, the digital asset traded within a range of $1.4052 to $1.5424.

Over the past seven days, XRP has posted a gain of 5.05%. The token's 24-hour trading volume was reported at $6.26 billion, representing 4.31% of the total volume across all cryptocurrencies.

Broader Crypto Market Rally

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The gains for XRP occurred alongside a broader upward trend in the digital asset market. Other major cryptocurrencies also posted strong performances:

  • Bitcoin (BTC) was up 7.26% to trade at $86,791.10. Its market cap stood at $1,739.78 billion, or 59.33% of the total market.
  • Ethereum (ETH) rose 5.64% to $2,777.23, with a market cap of $337.61 billion, giving it an 11.51% market share.

Historical Context

Despite the recent rally, XRP remains significantly below its peak valuation. The token's current price is 57.81% lower than its all-time high of $3.66, which was set on July 18, 2025. At its peak, XRP's market capitalization reached $210.60 billion.

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