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XRP surges 13% as investor confidence rebounds

Digital asset jumps to $1.24 amid broader crypto market rally, with 24-hour volume exceeding $7.4 billion. Bitcoin and Ethereum also advance.

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Marcus Webb · Crypto Desk · 23 Aug 2026 · 02:49 · 1 min read
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XRP surges 13% as investor confidence rebounds

XRP climbed 12.99% to $1.2417 over the past 24 hours, marking its largest single-day gain since February 6, according to Investing.com data.

The surge lifted XRP’s market capitalization to $77.89 billion, accounting for 3.16% of the total cryptocurrency market value. Trading volume reached $7.45 billion, representing 5.06% of all crypto transactions in the period. Over the last seven days, XRP has advanced 23.07%, with prices ranging from $0.9886 to $1.3419.

Bitcoin

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

Despite the gains, XRP remains 66.03% below its all-time high of $3.66, set on July 18, 2025. Bitcoin rose 5.13% to $72,621.90, with a market cap of $1.46 trillion, while Ethereum gained 4.80% to $2,317.61, valued at $280.87 billion.

The broader crypto market’s total capitalization stood at $2.47 trillion, with Bitcoin dominating 59.36% of the sector’s value. XRP’s 24-hour price range spanned $1.0881 to $1.3419.

The rally follows a period of heightened volatility for XRP, which has seen intermittent spikes in trading activity and investor interest amid shifting market sentiment.

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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