- XRP posted the strongest daily performance among top cryptocurrencies.
- The rally occurred without a clear news catalyst, fueling speculation.
- Long-term discussions around XRP’s global role are resurfacing.
XRP delivered one of its strongest performances in months, jumping sharply and outperforming every other cryptocurrency in the top ten over the past 24 hours. The sudden price move pushed XRP back into levels not seen since late 2025, catching traders off guard and sparking renewed debate about what is driving the rally.
While price momentum alone can attract attention, this move came alongside broader conversations about XRP’s long-term role in global finance—adding another layer of intrigue to the surge.
XRP Outpaces Bitcoin and Ethereum
During the latest trading session, XRP climbed into the mid-$2.30 range after posting an intraday gain of around 20%. The rally lifted weekly performance to roughly 28%, reinforcing XRP’s position as the standout asset in the current market cycle.
By contrast, Bitcoin advanced by a more modest single-digit percentage, while Ethereum lagged further behind. On a year-to-date basis, XRP is now up more than 30%, having rebounded strongly from December lows near $1.70. The move briefly carried prices above $2.40, signaling renewed bullish momentum after months of consolidation.
No Clear News, Plenty of Speculation
Despite the size of the move, no major announcement appeared to directly explain the surge. That absence of a clear catalyst led some observers to suggest the rally may reflect organic demand rather than headline-driven speculation.
The discussion took on a lighter tone when David Schwartz, Ripple’s former Chief Technology Officer, joked publicly that the price jump could be linked to his recent retirement from day-to-day duties. The comment, shared widely across social media, added humor to an otherwise technical debate but carried no serious implication of causation.
Bigger Narratives Resurface Around XRP’s Role
Beyond short-term price action, broader narratives around XRP have resurfaced. Jake Claver, CEO of Digital Ascension Group, recently suggested that XRP is moving closer to functioning as a global bridge currency. He went further, speculating about the possibility of XRP eventually gaining recognition similar to top-tier banking assets.
Under current Bank for International Settlements rules, however, cryptocurrencies like XRP remain firmly classified as higher-risk holdings. They fall outside Tier-1 assets such as cash, government bonds, and physical gold, and banks face strict limits on how much exposure they can hold. While some enthusiasts imagine a future regulatory shift, there is currently no pathway for unbacked cryptocurrencies to receive Tier-1 status.
Following the rally, analysts are split between optimism and caution. Some see similarities to XRP’s mid-2025 breakout, which carried prices well above $3. Others argue that consolidation is likely before any sustained move higher, especially given the broader market’s sensitivity to macro conditions.
Also Read: Ripple Rejects IPO Plans as $40B Valuation Fuels Acquisition Spree
For now, XRP’s surge has clearly shifted short-term sentiment. Whether it marks the start of a larger trend or a temporary burst of momentum will depend on sustained demand and the market’s next move.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of CoinBrief.io. Before making any investment decisions, you should always conduct your own research. CoinBrief.io is not responsible for any financial losses.
