XRP Jumps 50% in Best Weekly Run Since Late 2024
XRP posted a 50% gain this week, marking its strongest seven-day rally in nearly two years.
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Key takeaways
- XRP surged 50% over the past seven days.
- The surge marks the token's biggest weekly gain since November 2024.
- Hopes tied to U.S. Treasury buybacks helped spur the market advance.
XRP pulled off a 50% jump this week, locking in its sharpest seven-day price surge since November 2024.
That's the token's biggest single-week gain in 21 months. Chatter around U.S. Treasury buybacks and potential curve control fired up traders, pushing a sudden wave of fresh capital into the asset.
A 21-Month High
This week's 50% leap snaps XRP right out of a long, boring stretch of range-bound trading. You have to look back to late 2024 to find a single-week move on this scale. Trading volume picked up fast across major spot and derivatives exchanges the moment the rally took off.
Why it matters
When a top-tier altcoin surges 50% in seven days, liquidity spreads everywhere. If you trade or hold XRP, a move like this resets your short-term risk parameters fast. It proves macro triggers are right back in the driver's seat for large-cap crypto.
Source: CoinDesk
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Daniel tracks crypto regulation and policy across the US, EU and Asia, with a decade in financial journalism.
