Key Highlights
- XRP has gained about 31% this week, compared with roughly 25% for Ethereum.
- XRP traded near $1.39 on Friday after reaching a 24-hour high of $1.42.
- CoinMarketCap’s Fear and Greed Index jumped from 29 to 72 in seven days as the broader crypto rally accelerated.
XRP has pulled ahead of Bitcoin and Ethereum in the latest crypto market rebound, gaining about 31% this week as traders rotate back into major digital assets.
According to a Friday update from CoinMarketCap, XRP’s weekly advance has exceeded Ethereum’s roughly 25% gain, while Bitcoin is heading for its strongest week in more than two years.
The move continued into Friday, as CoinMarketCap data at 11:00 AM ET, showed XRP trading near $1.39, up about 12.5% over 24 hours, after moving between $1.22 and $1.42 during the session.
XRP’s market capitalization climbed to roughly $87.4 billion, while 24-hour trading volume reached about $10.4 billion, up more than 90% from the previous period.
XRP Outpaces Ethereum and Bitcoin
Ethereum has also recorded a sharp recovery, rising roughly 25% this week, according to CoinMarketCap’s market update.
ETH was trading around $2,390 on Friday, up about 5% in 24 hours. CoinMarketCap recorded a session range between approximately $2,271 and $2,389, with 24-hour volume above $31 billion.
Bitcoin, meanwhile, traded near $76,950, up more than 7% over the past 24 hours, after briefly reaching $79,463. Its session low stood near $71,366.
Bitcoin has gained about 21% this week, putting it on course for its best weekly performance since March 2024, according to MarketWatch. Ethereum’s weekly recovery was estimated at about 26%, confirming that the rally has extended well beyond Bitcoin.
The difference is that XRP has gained more than both assets, making it one of the clearest beneficiaries of the latest risk-on move.
Crypto Fear and Greed Index Jumps to 72
The price surge has come with a rapid change in market sentiment. CoinMarketCap said its Fear and Greed Index rose from 29 to 72 in seven days, shifting the market from Fear into Greed. Its latest dashboard showed the index at 72/100, while total cryptocurrency market capitalization reached about $2.59 trillion, up 6.2% over 24 hours.
Bitcoin dominance remained high at 59.8%, compared with Ethereum’s 11.1%, suggesting Bitcoin continues to control most of the market’s capital even as XRP and ETH produce larger percentage gains.
The broader recovery has been driven partly by a large short squeeze and improving U.S. regulatory sentiment. More than $4 billion in crypto short positions were liquidated across two days as Bitcoin’s breakout forced bearish traders to buy back positions, according to CoinDesk.
President Donald Trump’s renewed push for crypto legislation has also contributed to the change in sentiment, while developments surrounding U.S. Treasury bond purchases have added another liquidity-related catalyst to the rally.
Can XRP Keep Its Lead?
XRP’s stronger price performance does not necessarily mean capital flows are expanding at the same rate.
During the initial rally, daily XRP ETF inflows fell from $5.81 million to $2.35 million, while futures open interest dropped more than 11% from its rally-day peak, according to Decrypt. XRP’s RSI also climbed close to 80, reflecting increasingly stretched short-term momentum.
That leaves a different setup across the three assets. Bitcoin has the strongest market dominance and institutional flows, Ethereum has recovered more than 25% from last week’s levels, while XRP currently holds the lead on price performance.
For XRP, holding the 1.30-1.40 area after a 31% weekly rally would show whether the move is developing into a broader trend reversal or remains largely part of the market-wide short squeeze.
Also Read: Ethereum Price Eyes $3,000 After ETH Rally Nears $2,450
