Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

XRP Surges on White House Meeting Optimism and Short Squeeze

Guavy AI Editorial Team
Instruments
XRP
Share

Coinbase Wrapped XRP (CBXRP) has surged 15.36% to $1.24, outperforming the broader market rally.

The gains are driven primarily by surging optimism about its underlying asset, XRP, following a high-profile White House meeting and renewed hopes for regulatory clarity.

Ripple's CEO Brad Garlinghouse attended a White House meeting with President Trump and top regulators on August 19, who voiced strong support for crypto and urged Congress to pass the CLARITY Act.

The event directly boosted sentiment for XRP, which CBXRP tracks nearly 1:1. Political and regulatory momentum is shifting in favor of XRP's ecosystem, reducing a key overhang that has weighed on its price.

More on Crypto

Crypto 2m ago

Revenue-Funded Token Burns Gain Momentum in Crypto Space

Crypto 3m ago

Ethereum Rally Sparks Interest in MemeToro AI Utility Token

Crypto 5m ago

MemeToro's AI-Powered Launchpad Gains Momentum in Meme Token Market

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy