XRP price has gained more than 10% in the last 24 hours due to impressive fundamentals amid long-term bullish projections.

XRP price has been late to start its rally, gaining a staggering 10% in the last 24 hours. However, the 24-hour chart fails to paint a clear picture of XRP's continued rise, with gains of more than 4% within the last three hours.

The news of Ripple increasing its market capitalization by nearly $120B in less than 7 months has also boosted investor confidence.

XRP price gains 10% in a strong bullish fashion

According to data from CoinMarketCap, the price of XRP rose to $2.59 in a 24-hour period, a 10% increase.



The increase in value makes $XRP the third largest cryptocurrency by market capitalization, overtaking Tether's USDT.

Currently, XRP's market capitalization is $151 billion, riding a one-week rally of 22% on the seven-day chart. Just seven months ago, in the first week of November, the struggling token had a market cap of less than $30 billion.

Today, daily XRP transaction volume sits at $7 billion, a 66% increase from the previous day, but a closer look reveals long-term bullish performance.

Since Ripple won its first victory against the SEC in July 2023, XRP has added nearly $100B to its market cap, according to Finbold data.

XRP’s market cap has surged more than 235%, from a low of $42 billion in mid-2023 to a new high of just $151 billion in May 2025.

Ripple and the SEC have filed a settlement agreement letter to tie up the loose ends in the five-year lawsuit.

While the filing didn't immediately trigger a rally, a combination of new institutional investors and broader macroeconomic factors boosted XRP's price today.

Ripple wheels and macroeconomic factors trigger the rally.

Along with the legal and regulatory clarity arising from the Ripple SEC case, other factors are powering the XRP price rise. Prior to the rally, Ripple whales moved $175M in XRP, fueling a short-term rally.

Additionally, Ripple has signed a $50M healthcare deal with pharmaceutical company Welllogistics Health in a strong show of institutional interest for XRP.

Crypto finance firm Amber International has also launched a $100M Ecosystem Reserve to focus on $XRP and a basket of digital assets.

Amidst a wave of institutional interest in XRP, technical indicators suggest that XRP may break out of a multi-year range.

Crypto expert Dark Defender reiterated his bullish stance on XRP price, as he predicted a rally to $36.

Analysts also predict that $XRP price could reach $3 before the end of the week after flashing a head and shoulders pattern.

Zooming out, macroeconomic factors are also acting as a tailwind for the XRP price increase.

An easing of US-China tariff tensions has sent cryptocurrency prices on a rally, with XRP finally hitting a bullish trend.

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