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XRP (
$1.06 ) surged past $1.5 on Monday, extending its gains as the crypto market rallied under Bitcoin (
$0.00 ) ’s lead. The token has climbed roughly 13% over the past week, driven by renewed investor interest and improving market sentiment, CoinMarketCap data shows.
The digital asset now boasts a market capitalization of $94 billion, surpassing BNB (
$0.00 ) and reclaiming its position as the fourth-largest crypto by market value.
Trading volumes have spiked sharply alongside price movement, rising roughly 109% over the past 24 hours.
Despite these gains, XRP ( $1.06 ) remains roughly 58% below its all-time high set last July.
The market’s upward momentum extends beyond XRP ( $1.06 ) , with major crypto assets climbing higher ahead of a key Federal Reserve policy meeting.
The Federal Open Market Committee will meet tomorrow, and market participants are preparing for potential signals about interest rate trajectory and monetary policy.
Bitcoin ( $0.00 ) has led the charge, climbing back above $75,000, while the total market capitalization has rebounded to $2.6 trillion, a 3.5% increase in the past 24 hours.
Other major tokens, including Ethereum (
$1,911.10 ) , Solana, Dogecoin (
$0.071 ) , and Cardano (
$0.16 ) , have also posted double-digit gains during the same period.
The price surge comes despite persistent institutional outflows of XRP ( $1.06 ) investment products.
Data from CoinShares shows XRP ( $1.06 ) -focused funds recorded $76 million in net outflows over the past two weeks, lagging behind major digital assets such as Bitcoin ( $0.00 ) and Ethereum ( $1,911.10 ) , which attracted rising investor inflows.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
