Ripple (XRP) witnessed a significant rise on Friday, climbing 10.10% on a daily basis to reach $2.6915 as of 15:58 UAE time (12:58 GMT), according to data from Investing.com Index. This marks the strongest daily increase in a while, reflecting growing investor interest in the token.
Thanks to this rally, Ripple’s market capitalization rose to approximately $156.39 billion, accounting for 4.26% of the total cryptocurrency market cap. Notably, Ripple’s highest historical market cap reached $190.39 billion.
Over the past 24 hours, Ripple traded in a range between $2.5139 and $2.6915. Throughout the last seven days, the price moved between $2.2021 and $2.6917, indicating a clearly bullish trend.
Ripple’s 24-hour trading volume stood at $8.25 billion, making up 3.30% of total crypto market trading volume—highlighting the token’s strong activity.
Other Major Cryptocurrencies
- Bitcoin (BTC) was trading at $117,908, up 6.32% on the day, with a market cap of $2.34 trillion, representing 63.85% of the total crypto market.
- Ethereum (ETH) rose 7.49% to reach $2,986.89, with a market capitalization of $359.65 billion, accounting for 9.80% of the total market cap.
This strong performance comes amid a general sense of optimism in the crypto market, fueled by institutional interest and increased investor risk appetite—potentially paving the way for further momentum in the days ahead.
