XRP Price Soars by Nearly 50% in a Week Amid Treasury Buybacks and Short Liquidations
XRP's price has soared by nearly 50% in a week as Treasury buybacks, short liquidations, and rising network activity combine to strengthen its bullish momentum.
The cryptocurrency briefly touched $1.70 last week and is now on track for its strongest weekly performance since November 2024.
The rally marks a sharp reversal after weeks of lackluster price action in which XRP consistently lagged the broader crypto market.