XRP (CRYPTO: XRP) has rallied 12% on Friday and 25% on the week as traders see a major breakout beyond all-time highs in the making.
| Cryptocurrency | Ticker | Price | Market Cap | 7-Day Trend |
| XRP | (CRYPTO: XRP) | $2.77 | $164.1 billion | +25.5% |
| Bitcoin | (CRYPTO: BTC) | $116,967.60 | $2.32 trillion | +8.8% |
| Ethereum | (CRYPTO: ETH) | $2,966.40 | $357.9 billion | +18.9% |
Trader Notes: Legendary futures trader Peter Brandt says XRP is currently in a short consolidation phase, marked by a "yellow box" on his chart. He expects the next decisive move to be a strong leg up, calling for a bullish continuation.
DonAlt echoed this view, stating that XRP is pausing at range highs but is coiled for what he describes as a “giga go” move. Given how long XRP has ranged, a strong upside breakout is now more likely if momentum sustains.
Statistics: Coinglass data reveals XRP's open interest jumped 20.2%, while derivatives trading volume soared 108.4% in 24 hours. The rally triggered $33.8 million in liquidations, with $28.9 million from shorts — underscoring the intensity of the upside move.
Community News: Bitwise CIO Matt Hougan recommended XRP as one of the best tokens for exposure to the tokenization narrative. He advocates investing in a basket of L1s and infrastructure plays including Ethereum, XRP, Solana, and Chainlink.
Hougan notes that the XRP Ledger (XRPL) is fast emerging as a serious player in the real-world asset (RWA) tokenization space, with increasing institutional involvement. Holding XRP, he argues, may offer access to long-term gains from this expanding market.
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