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Crypto

XRP Surges 33% in Two Days, What's Behind the Rally?

Guavy AI Editorial Team
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BTC XRP
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XRP has experienced a significant rally, surging from $1 to a high of $1.32 on Thursday, making it the top gainer in the crypto market over the past 24 hours.

This surge is the altcoin's biggest 48-hour gain since March 2025, according to a pseudonymous market commentator.

The rally is attributed to rising XRP Ledger transaction activity and aggressive whale accumulation following Bitcoin's (BTC) rally to $72,000.

21Shares noted in its H1 2026 Earnings report that U.S. spot XRP exchange-traded products absorbed just 14.8% of the increase in circulating XRP supply during the first half of 2026.

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