XRP Surges 10.67% in One-Day Rally, Hits $2.53

XRP saw a strong surge, climbing 10.67% to $2.5343 by 21:21 (02:21 GMT) on Wednesday, marking its largest single-day gain since March 2. The rally pushed XRP’s market cap to $144.16 billion, accounting for 5.02% of the total cryptocurrency market. However, the token remains below its all-time high of $3.40, set on January 16.

Over the past 24 hours, XRP fluctuated between $2.4349 and $2.5352. In the past week, it gained 8.28%, trading within a broader range of $1.9554 to $2.9676. Trading volume reached $10.12 billion, making up 6.63% of the total crypto market’s volume.

Bitcoin also climbed 4.37%, reaching $87,598.2, with a market cap of $1.73 trillion, representing 60.22% of the crypto market. Ethereum followed with a 5.77% rise, hitting $2,186.95 and a market cap of $262.09 billion, making up 9.13% of the market share.

Despite XRP’s strong momentum, it remains 25.36% below its peak. As the crypto market continues its bullish trend, traders are closely watching XRP’s next move.