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XRP surges 10.5% in single-day gain as broader crypto market rallies

XRP’s largest one-day percentage advance since August 20 lifted its price to $1.37, while Bitcoin and Ethereum also posted strong gains. Trading volume exceeded $8.8 billion.

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Marcus Webb · Crypto Desk · 23 Aug 2026 · 04:47 · 1 min read
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XRP surges 10.5% in single-day gain as broader crypto market rallies

XRP advanced 10.48% on Friday, marking its biggest one-day percentage increase since August 20, according to Investing.com data. The token traded as high as $1.4275 and as low as $1.2597 over the session, closing at $1.3736.

The seven-day gain reached 37.66%, extending a rally that has pushed XRP’s market capitalization to $86.07 billion, or 3.31% of the total cryptocurrency market cap. Trading volume over the past 24 hours totaled $8.7988 billion, accounting for 5.41% of all crypto turnover.

Bitcoin

BTCUSD
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76307.1000▼ 1.00%
As of 23/08/2026, 00:00:00

Bitcoin rose 6.65% to $77,494.40, while Ethereum gained 5.24% to $2,440.17. Bitcoin’s market cap expanded to $1.55 trillion, representing 59.75% of the sector’s total value, and Ethereum’s market cap reached $294.21 billion, or 11.31% of the market.

XRP remains 62.42% below its all-time high of $3.66, set on July 18, 2025. Its latest surge follows a period of volatility, with the token’s 24-hour range reflecting heightened intraday activity.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Marcus Webb
Crypto Desk

Marcus reports on digital assets, from spot ETF flows to protocol-level developments in DeFi. He pays particular attention to how institutional adoption is reshaping crypto market structure.

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