XRP Reclaims $100 Billion Market Cap as Whale Activity Drives Surge

XRP has reclaimed its $100 billion market capitalization mark after a nearly 4% price rally over the past 24 hours, reaching a level of $1.6 not seen since February.

The cryptocurrency significantly outperformed Bitcoin (BTC), which gained only 0.8% during the same period.

Trading volume also increased, with approximately $7.69 billion worth of XRP changing hands over the past day.

The rally appears to be driven primarily by whale activity, with 1,900 transactions worth more than $100,000 recorded during the move, according to Santiment Intelligence data.