XRP Rallies 52% in Four Days, Reaches Three-Month High

XRP broke through its $1.40 resistance level on August 21, pushing its price to $1.50 and marking a 52% gain from its cycle low of $0.9877 just four days prior.

This surge in value has added over $32 billion to XRP's market capitalization, which now stands at around $94.2 billion. The coin's circulating supply is approximately 63 billion tokens.

The break past $1.40 was a significant milestone for XRP, as it had been pinned between $1.00 and $1.18 for most of August, unable to close above that level even once.

A combination of factors contributed to XRP's four-day rally, including the 30-year Treasury yield hitting a 19-year high before falling due to the government's bond buyback announcement, President Trump's public support for the CLARITY Act, and increased buying activity from whales and ETFs.