XRP Jumps Over 10% as Crypto Market Rebounds

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XRP, the cryptocurrency linked to blockchain company Ripple Labs, recorded its most significant single-day gain in nearly a year on Thursday, signaling renewed momentum in the broader digital asset market. The rise comes as other major cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), also posted strong performances, suggesting a wave of optimism among investors.

As of 8:56 a.m. (22:56 GMT), XRP was trading at $3.3095 on the Investing.com Index, up 10.37% in the past 24 hours. This surge boosted XRP’s market capitalization, the total value of all coins currently in circulation, to $194.0011 billion, making up 5.01% of the total cryptocurrency market. At its highest point during the day, XRP’s market cap reached $210.6006 billion.

Over the last 24 hours, XRP traded between $2.9652 and $3.3095. On a weekly scale, the token has climbed 8.32%, fluctuating within a range of $2.7295 to $3.3098. Trading activity remained strong, with 24-hour volume reaching $7.0679 billion, accounting for 4.44% of all cryptocurrency transactions.

Despite these gains, XRP remains 9.47% below its all-time high of $3.66, achieved on July 18, 2025. Analysts point out that while the current rally reflects improving market sentiment, the volatility inherent in cryptocurrencies means investors should remain cautious. Factors such as regulatory developments, institutional adoption, and broader economic conditions continue to influence price movements.

The rebound is not limited to XRP. Bitcoin, the world’s largest cryptocurrency by market value, climbed 2.18% to $117,622.8, according to the Investing.com Index. Bitcoin’s market capitalization now stands at $2.337 trillion, representing 60.35% of the total cryptocurrency market. Ethereum, the second-largest by market cap, rose 6.60% to $3,924.97, with a total value of $468.8181 billion, or 12.10% of the market.

Market watchers attribute the latest surge to a combination of factors, including a stronger appetite for risk among traders and the possibility of increased institutional investment. Some also point to recent blockchain developments and positive sentiment around decentralized finance (DeFi) as supporting price growth. However, experts warn that cryptocurrency markets remain susceptible to sharp reversals due to macroeconomic shifts or sudden regulatory announcements.

For XRP, the recent upswing could help strengthen investor confidence, especially after months of uneven performance. While it still trades below its peak, maintaining momentum above the $3 mark may encourage further buying pressure. The market’s next moves will likely depend on whether current sentiment can withstand short-term profit-taking and external market influences.

With Bitcoin and Ethereum also showing solid upward trends, the broader crypto market appears to be entering a more bullish phase. Still, experienced investors remain aware that in the world of digital assets, rapid gains often come with equally swift pullbacks. For now, XRP’s double-digit rise is a clear sign that cryptocurrency trading has regained its energy,  at least for the moment.