XRP Surges 10%, Market Cap Hits $147B

XRP surged by 10.06% on Saturday, reaching $2.5735 by 16:49 (21:49 GMT) on the Investing.com Index. This marks the cryptocurrency's largest single-day percentage gain since January 1, boosting its market capitalization to $147.23 billion, or 4.42% of the global crypto market cap. XRP’s market cap previously peaked at $155.28 billion.

In the last 24 hours, XRP traded between $2.3261 and $2.5936, with a trading volume of $7.25 billion, accounting for 10.05% of the total cryptocurrency market's activity. Over the past week, XRP’s value climbed 5.3%, trading in a range of $2.2049 to $2.5936. Despite this recent rally, XRP remains 21.78% below its all-time high of $3.29, set on January 4, 2018.

Other leading cryptocurrencies also saw gains. Bitcoin rose 0.29% to $94,891.8, while Ethereum increased by 1.38%, trading at $3,310.62. Bitcoin holds a dominant market cap of $1.87 trillion, representing 56.32% of the total crypto market, while Ethereum's market cap stands at $398.11 billion, making up 11.96% of the market.

XRP’s recent surge highlights growing interest and activity in the cryptocurrency market, with investors eyeing potential recovery and growth opportunities.