XRP Posts Largest Weekly Gain in 21 Months, Surging 50% Amid Macro Optimism
XRP recorded its strongest weekly performance since November 2024, climbing approximately 50% in a matter of days after an extended period of price suppression. The rally was partly attributed to macro signals around U.S. Treasury buyback activity stoking hopes of yield curve control. Multiple independent sources noted the speed and scale of the reversal, with months of downside erased within roughly 72 hours.
XRP surged approximately 50% over a single week, marking its best weekly performance in 21 months according to market data. The move reversed an extended drawdown that had pushed the asset below $2 and, at several points, below $1, representing a prolonged period of selling pressure.
The rally unfolded rapidly, with observers noting that three to six months of accumulated losses were erased within approximately three days. The speed of the reversal is consistent with a short-squeeze or capitulation flush followed by aggressive buying, though precise mechanics remain subject to interpretation.
On the macro side, reports linked part of the momentum to signals from U.S. Treasury buyback activity, which stirred speculation about yield curve control measures. Such a policy environment has historically been viewed as favorable for risk and alternative assets, including crypto.
The price move originated from levels near $0.98 to $0.99, a range cited as a key accumulation zone, before recovering sharply to the $1.70 area. The swiftness of the move highlights the sensitivity of XRP's price to shifts in broader market sentiment and liquidity conditions.
As of the weekly close, XRP's performance stood out relative to the broader crypto market, attracting renewed attention from market participants who had been waiting for a directional signal following the prolonged consolidation period.
Key facts
- •XRP rose approximately 50% in a single week
- •Largest weekly gain in 21 months, best since November 2024
- •Price had previously fallen below $1 on multiple occasions
- •Three to six months of losses erased within roughly three days
- •Rally partly attributed to U.S. Treasury buyback activity and yield curve control speculation
- •Key accumulation zone cited near $0.98 to $0.99
- •Recovery pushed price toward the $1.70 area