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XRP surges 10% in single-day rally amid broader crypto rebound

The token’s largest daily gain since August 20 lifted its price to $1.37, while Bitcoin and Ethereum also advanced. Trading volume topped $8.8 billion.

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Marcus Webb · Crypto Desk · 23 Aug 2026 · 02:42 · 1 min read
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XRP surges 10% in single-day rally amid broader crypto rebound

XRP climbed 10.48% over the past 24 hours to $1.3736, marking its biggest one-day advance since August 20, according to market data compiled at 17:59 GMT on Friday. The token’s market capitalization reached $86.07 billion, representing 3.31% of the total cryptocurrency market.

Bitcoin

BTCUSD
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76784.0100▼ 0.38%
As of 23/08/2026, 00:00:00

The surge pushed XRP’s trading volume to $8.7988 billion, or 5.41% of the sector’s total turnover. Over the past week, the digital asset has gained 37.66%, with intraday prices ranging from $0.9886 to $1.4275. Despite the recent gains, XRP remains 62.42% below its all-time high of $3.66, set on July 18, 2025.

Bitcoin advanced 6.65% to $77,492.8, lifting its market capitalization to $1.55 trillion, which accounts for 59.75% of the cryptocurrency market. Ethereum rose 5.24% to $2,440.49, with a market cap of $294.21 billion, or 11.31% of the sector’s total value.

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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