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XRP Surges Nearly 13% in Best Single-Day Gain Since February

ENTHMSVIIDZHZH-TWJAKOHI
Aug 20, 20261 min read
XRP Surges Nearly 13% in Best Single-Day Gain Since February
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Background

XRP saw a significant price surge on Thursday, climbing 12.99% to trade at $1.2417 by 16:57 ET (20:57 GMT), according to data from the Investing.com Index. The move marked the digital asset's largest single-day percentage gain since February 6.

Price Action and Volume

The rally pushed XRP's market capitalization to $77.89 billion, representing approximately 3.16% of the total cryptocurrency market value. Trading was active, with $7.45 billion worth of XRP exchanged in the preceding 24-hour period.

Over the course of the day, the cryptocurrency traded within a range of $1.0881 to $1.3419. The recent gains contribute to a positive seven-day trend, during which XRP has risen 23.07%. Despite the sharp increase, the asset remains 66.03% below its all-time high of $3.66, which was recorded on July 18, 2025.

Broader Market Rally

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The gains for XRP occurred amid a wider positive sentiment across the cryptocurrency market. The two largest digital assets also posted notable increases on the day.

  • Bitcoin (BTC) was up 5.13%, trading at $72,611.8.
  • Ethereum (ETH) gained 4.80% to reach $2,317.42.

Bitcoin's market cap stood at $1.46 trillion, accounting for 59.36% of the total market, while Ethereum's market cap reached $280.87 billion, or an 11.38% share.

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