XRP Surges 17.92% as Regulatory Sentiment Boosts Crypto Market

XRP surged by 17.92% in 24 hours to reach $1.31, outperforming Bitcoin's 8.85% gain.

The rally came as investors responded positively to improving regulatory sentiment following a White House crypto meeting on August 19-20.

Ripple CEO Brad Garlinghouse attended the meeting with U.S. regulators, which strengthened expectations for clearer crypto rules.

XRP also received $13.23 million in U.S. spot ETF inflows and saw whales accumulate about 300 million XRP in 96 hours.