XRP Soars 52% in Four Days Amid Yield Drops and Trump Backing

XRP has made an astonishing 52% move in four days, surging from its cycle low of $0.99 to a three-month high of $1.50.

This impressive rally added over $32 billion to XRP's market cap and took the coin's circulating supply of about 63 billion tokens from roughly $62 billion to $94.2 billion.

The four-day surge can be attributed to several key factors, including falling yields, President Trump's backing of the CLARITY Act, $400 million in whale buying, and $3.3 billion in forced short covering.