XRP price rose 6% to a three-week high of $1.42 on Thursday, becoming the strongest gainer among the top 10 cryptocurrencies by market cap. According to data from crypto.news, XRP (XRP) price rallied to $1.
XRP is finally breaking out of its sideways lull, pushing past the $1.40 mark and signaling a potential shift in momentum.
Nearly 89.8M XRP, worth about $119M, moved to Coinbase-linked wallets this week, fueling selloff fears as traders brace for key US PPI data.
SIREN has re-entered the top 100 alts after a massive 16% surge, while DOT is up by over 10% daily.
For the first time since March, XRP has successfully broken above the $1.40 mark. Although it appears to be a significant change on the surface, the situation is more complicated when considering the broader context.
Regulatory clarity and global alignment are key to scaling tokenization on the XRP Ledger, says RippleX executive.
Solana ignited widespread speculation within the cryptocurrency space after publishing a brief, enigmatic 4-second clip on X that showcased both the XRP and Solana branding alongside the simple caption “XRP.” The post immediately triggered discussion about whether a formal partnership or technical integration between the two blockchain networks might be underway.
Among the leading ten digital currencies ranked by market capitalization, XRP stands out as the strongest performer across the last 24-hour trading session. The cryptocurrency has registered gains approaching 4% and successfully breached the $1.40 resistance barrier.
On-chain data shows altcoins like XRP and Solana are observing a higher amount of investor loss relative to their market caps than Bitcoin.
Another analyst commented that XRP has finally closed "slightly bullish."
Ripple's XRP rose above $1.41 on Wednesday ET, extending a short-term rally as traders fixated on a looming U.S. regulatory inflection point that could redefine how digital assets are classified—and, by extension, how they are traded and held by institutions. The move came as the U.S. Securities and Exchange Commission (SEC) held a public roundtable focused on digital asset market structure and implementation questions tied to the proposed ‘CLARITY Act,' a bill that would establish clearer legal grounds for treating certain digital assets as ‘commodities' rather than securities.
XRP price started a decent increase above $1.3880. The price is now consolidating gains and might aim for more gains above the $1.4150 zone.