XRP Surges Over 10% in Broad Crypto Market Rally

XRP surged more than 10% on Wednesday, marking its most significant single-day rally in over six months and pushing its price to $1.1018 by 16:55 (20:55 GMT). The move was part of a broader upward trend across the cryptocurrency market, according to data from the Investing.com Index.

Key Price Movement

The 10.17% daily gain was the largest for XRP since February 6. This price appreciation pushed the digital asset's market capitalization to $67.8175 billion, accounting for approximately 2.91% of the total cryptocurrency market value.

During the previous 24-hour period, XRP traded in a range between $0.9958 and $1.1019. The rally extended its seven-day gains to 7.18%, with trading volume over the last 24 hours reaching $2.1299 billion, or 2.41% of the total volume for all cryptocurrencies.

Market Context

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Despite the recent gains, XRP remains significantly below its peak. The current price is still down 69.86% from its all-time high of $3.66, which was set on July 18, 2025. At its highest, XRP's market capitalization reached $210.6006 billion.

The rally was not isolated to XRP, as other major cryptocurrencies also posted strong performance. According to the Investing.com Index:

• Bitcoin (BTC) was up 7.00% to trade at $69,097.6.
• Ethereum (ETH) gained 15.15% to trade at $2,202.92.

Bitcoin's market cap stood at $1.379 trillion, representing 59.16% of the market, while Ethereum's market cap totaled $256.106 billion, or 10.99% of the market.