XRP Surges Over 50% Amid Broader Crypto Rally

XRP has surged in value over the past week, driven by a broader crypto market rally. In the last 24 hours alone, it jumped 10%, pushing its weekly gains beyond 50%. According to asset manager 21Shares, four key structural changes in XRP's ecosystem are contributing to this growth: increased settlement activity, rapid growth of the RLUSD stablecoin, strong inflows into XRP exchange-traded products, and rising institutional interest.

These shifts suggest that XRP is evolving from a speculative token to one with growing real-world utility, potentially leading to wider adoption as collateral. At publication, XRP traded at $1.48, making it the top performer among large-cap cryptocurrencies this week.