XRP gained more than 50% in five trading days, its strongest weekly performance in 21 months, as a Treasury buyback expansion, a White House crypto summit, and aggressive whale accumulation converged on the same narrow window.
XRP trades at $1.51 after a weekly gain of a good 50 percent, yet your net proceeds are decided by the purchase date. This article works through the holding period, the exemption limit and FIFO at measured reference-date prices.
XRP has undergone a major shift in its short-term technical outlook following one of its strongest daily price moves of the year. The cryptocurrency briefly surged to around $1.70 before pulling back to approximately $1.49, with the breakout supported by a sharp increase in trading volume.
XRP's circulating supply grew 5.5% year over year, creating dilution that fee burns come nowhere near offsetting, according to 21Shares. XRPL revenue fell 81.6% as stablecoin balances and institutional tokenization expanded on the network. XRP Supply Dilution Outpaces Fee Burns XRP's circulating supply expanded through monthly escrow releases that exceeded the amount returned to escrow.
US-listed crypto exchange-traded funds outside Bitcoin and Ethereum drew nearly $90 million last week. Investors followed a sharp market rally into XRP, Solana, Chainlink and Hyperliquid.
Upbit's trading rebound puts XRP ahead of Bitcoin and Ethereum while Ripple expands its Korean banking presence.
Ripple CEO Brad Garlinghouse says U.S. crypto regulation is approaching a decisive point after White House and CFTC meetings. His assessment connects current momentum with a seven-year campaign for clear federal market rules.
Ripple CEO says U.S. crypto rules near a turning point as CLARITY Act faces Sept. 15 vote.
Xaman Wallet's fee removal could democratize access to XRP Ledger, potentially increasing participation and liquidity in the ecosystem. Xaman Wallet reportedly eyes minimum fee removal to boost XRP Ledger liquidity.
The integration highlights potential for XRP in banking, but lacks Federal Reserve endorsement, risking inflated expectations in crypto markets. Ripple's XRP enabled for FedNow payments via Volante integration.
The Treasury's expanded buyback could sustain liquidity, lower borrowing costs, and boost risk assets, potentially stabilizing crypto markets. XRP poised for biggest weekly gain in 21 months as Treasury buyback boosts sentiment.
XRP's price has surged by 50% this week, the best performance since November 2024. Here's what's driving the rally.